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This section includes 7 InterviewSolutions, each offering curated multiple-choice questions to sharpen your Current Affairs knowledge and support exam preparation. Choose a topic below to get started.
| 1. |
Medium-term loans are provided for a period of ________.1). 1 year to 2 years2). 15 months to 3 years 3). 15 months to 4 years4). 1 year to 3 years |
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Answer» MEDIUM term loans are loans where repayments are made over a period of between one and three years. The short term loan is BASICALLY for less than a YEAR and the long-term loan can be REPAID within a time limit of 20 - 30 years. |
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| 2. |
Which of the following rate is charged by banks to their most creditworthy customers?1). Prime Lending Rate2). Statutory Liquidity Rate 3). Bank Rate4). Repo Rate |
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Answer» The prime lending RATE is the rate at which banks lend to their most creditworthy customers, including large CORPORATIONS. It is often USED as a benchmark for other loans LIKE credit card and small-business loans. |
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| 3. |
Headquarters of Karur Vysya Bank is located in ________.1). Maharashtra2). Kerala3). Tamil Nadu4). Assam |
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| 4. |
Economic growth is usually coupled with ________. 1). Deflation2). Inflation3). Stagflation4). Hyper inflation |
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