Question

    T-Bills, Government Bonds and Cash Deposits are the examples of –

    A Secured Loans Correct Answer Incorrect Answer
    B Unsecured Loans Correct Answer Incorrect Answer
    C Mortgage Loans Correct Answer Incorrect Answer
    D Cash Credit Correct Answer Incorrect Answer
    E Advance Loans Correct Answer Incorrect Answer

    Solution

    Secured Loans are those loans in which the security is in the form of land, Property, Gold and Government Securities. Government Securities are T-Bills, Government Bonds and Certificate of Deposits.

    Practice Next