Which among these is not a type of funded loans?
Funded loans - When bank provides credit facility with funds (real cash), it is called funded loan. For example, •A term loan is a monetary loan that is repaid in regular payments over a set period of time. •A demand loan is a borrowing where the lender is allowed to recall the loan on short notice. An example of a demand loan is an overdraft facility. •Here, though the bank does not call for the borrower to repay, but the borrower can pay in full without any early repayment penalty. Un-Funded Loans Un-funded or non-funded loans are like guarantees and documentary credits, where bank does not give any cash but take risks of the companies and charge commission for the same. Eg. Letter of Credit, Tender bonds, Bills Purchased – refers to demand bills and cheques, Bills Discounted
After more thana century peddling vehicles that pollute the atmosphere,General Motorsis starting its relationship with gasoline and diesel and i...
Directions: In each question below, four words printed in bold type are given. These are numbered (A), (B), (C) and (D). One these words printed in bo...
In each of the questions below, a sentence is given with four words highlighted in bold in the sentence. Among these bold words, one may be wrongly spe...
Result of the test is expected to be out sometimes next month
They said they would continue to pursue trade liberalisation and regional integration for the befit of their people, including through the Regiona...
In each question below, four words that are numbered a, b, c, and d have been printed of which one may be wrongly spelt. The number of that word is the ...
In each group, one word is correctly spelt. Find the correct word.
Choose the word with correct spelling.
Such calls for scrutny (A) often perplex (B) the public, who support renewable energy unconditionally (C) in the belief that they are ‘green’ ...
1)embellish
2)frugol
3)enormos
4)gregayrious