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Mr. X has taken credit to make candles during the festive season. Choose the correct options that defines the importance of credit from the given options:

i. it plays a vital and positive role in meeting his target and accelerating his income

ii. the credit helps him to meet the ongoing expenses of production

iii. the credit helps him complete the production on time

iv. it helps him in exercising restraint and get into the habit of taking more credit

(A) Only 4

(B) 3 and 4

(C) 1, 2 and 3

(D) Only 2

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Best answer

Correct option is (C) 1, 2 and 3

(i) It plays a vital and positive role in meeting his target and accelerating his income

(ii) The credit helps him to meet the ongoing expenses of production

(iii) The credit helps him complete the production on time

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