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In banking business, when the borrowers avail a Term Loan, initially they are given a repayment holiday and this refrred as ____.A. SubsidyB. Interest WaiverC. Re-phasingD. Interset concession |
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Answer» Correct Answer - D The Repayment holiday is called moratorium period . It is actully a delay granted in the repayment of a debt or in the fullfuillment of another legal obigation. |
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