1.

Q24. Consider the following statements about Credit Crunch: 1. An economic situation where banks and other financial institutions become extremely reluctant to provide loans to businesses. 2. An economic crisis where countries are not able to get funding from World Bank. 3. It also known as credit squeeze. Which of the above statements are correct?

Answer»

Q24. Consider the following statements about Credit Crunch:

1. An economic situation where banks and other financial institutions become extremely reluctant to provide loans to businesses.

2. An economic crisis where countries are not able to get funding from World Bank.

3. It also known as credit squeeze.

Which of the above statements are correct?




Discussion

No Comment Found

Related InterviewSolutions