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
Select the misspelled word.
The very famous Thomas Alva Edison, inventor of the incandescent light bulb, the phonograph, and the motion picture camera belongs to which country?
The radioactive element most commonly detected in humans is?
Which one of the following is offered by the Election Commission to a recognized political party?
Where has Union Minister Jitendra Singh inaugurated India's first Open Rock Museum on January, 2022?
Select the misspelled word.
Which of the following districts of Rajasthan has the lowest female literacy rate?
While cooking, if the bottom of the vessel is getting blackened on the outside, it means that:
The United Nations Conference on Environment and Development (UNCED) took place at _______ in the year_______
Convention on biological diver...
