Question
In a 'Consortium Financing' arrangement, the risk of
borrower default is:Solution
In consortium lending, the loan amount and the associated risk are shared among the participating banks and financial institutions according to their respective exposure (the amount they have agreed to lend).
Motor boat covers a certain distance downstream in 10 hours. It covers the same distance upstream in 15 hours. If the speed of the water is 9 km/hr, t...
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The boat's speed in still water is 20% greater than the speed of the stream. If it takes the boat 4 hours more to travel 176 km d...
A person rows 300 km against the current in 5 hours and travels 540 km along the current in 6 hours. How much time will he take to row 660 km in still w...