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    Question

      ABC Ltd is a financing company and has given loans

    and advances to its subsidiary and earned an interest of Rs 1.00 lacs. This interest income is :
    A Operating cash flow Correct Answer Incorrect Answer
    B Investing cash flow Correct Answer Incorrect Answer
    C Financing cash flow Correct Answer Incorrect Answer
    D Indirect Income Correct Answer Incorrect Answer
    E extraordinary income Correct Answer Incorrect Answer

    Solution

    For a financial firm. Giving loans and advances is an operating activity

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