Question
W hen extending credit, which of the following will not
be a primary factor to be considered by the bank/lender, as per the p rinciples of l ending ? ÂSolution
The age of the business owner is not a primary factor in granting loans or extending credit . The most important factors are the purpose of the loan, the security provided, diversification of risks, and the liquidity of the loan, which ensure the loan is both safe and viable . Â While the age of the business owner is not relevant, the experience and professional background of the business owner is considered as part of the risk assessment while giving loan. Â
A and B can complete a work together in 25 days. If A alone can complete one-fourth of the work in ‘x’ days and remaining work is completed ...
- X and Y can complete a task together in 24 days, while Y alone takes 48 days to finish it. X worked alone for some days and then Y completed the rest of th...
- E and F can complete a task in 24 days together. E alone can do it in 40 days. Find the time F alone would take.
A can complete a work in 12 days, and B can complete the same work in 18 days. How many days will they take to complete the work if they work together?
- Neha and Seema can finish a work in 10 days and 25 days, respectively, when working alone. Neha started the work. After how many days should Seema join to ...
Working alone, 'C' can complete a job in 30 days. 'D' takes 20% less time than 'C' to finish the same job. Calculate the percentage of work done by 'C' ...
A and B together, B and C together and A and C together can complete a piece of work in 10 days, 14 days and 18 days respectively. Find the ratio...
- ‘P’ and ‘Q’ together can finish a task in 15 days while ‘Q’ alone can do it in 25 days. If the ratio of efficiencies of ‘P’ and ‘R’ is ...
Ajay, Bablu and Chirag can complete a certain work in 21, 28 and 15 days respectively. Ajay and Chirag started the work while Bablu joined them after 5 ...
- 'Rahul', 'Amit', and 'Vikram' together can complete a work in 20 days. 'Rahul' and 'Amit' together can complete the same work in 60 days. 'Vikram' alone ca...
Relevant for Exams:
