Question
A lender relies on various sources of information to
confirm a business’ operational and financial data . Which of the following documents are used by a lender for this purpose ?  A. Bank statements  B. GST returns  C. IT returns ÂSolution
As part of due diligence, a bank/lender must use various internal and external sources to assess the credit profile of a borrower. This would include: Â
- Internal Sources (Existing to the Bank-Past track, personal credit history of promoters)Â Â
- External Databases (CRILC, CIBIL, ROC, CERSAI , wilful defaulter list, credit fraud registry, etc )Â Â
- Documents submitted by the client (Annual report/Bank statements/GST /ITR )Â Â
- Market Feedback Â
- Visit to the borrower ’s residence/office/plant etc. without prior permission and gather information from nearby available sources. Â
Select the most appropriate ANTONYM of the given word.
ANNIHILATION
Select the most appropriate antonym of the given word.Â
MANIFEST
The ICC champions Trophy may not have the allure (A) / allude (B) of the World Cup or the ICC World Twenty 20, but it has its own charm, especially for ...
The animals of a particular region. Â
ENRAVISH - The classical dancer gave such a performance that enravished the audience.Â
Select the most appropriate word for the given group of words.
One who is beyond reform
Dilemma
Select the most appropriate word for the given group of words.Â
Place where two or more rivers meet
Select the most appropriate option that can substitute the underlined words in the given sentence.
The art of growing plants in water wit...
The corps (A) /corpus (B) inscriptions is an irrefutable source material for the reconstruction of Indian history.
The company was confidant (A) ...
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