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    Question

    In a working capital term loan (WCTL), the repayment

    schedule is:
    A Bullet repayment after 3 years Correct Answer Incorrect Answer
    B Monthly EMI after moratorium Correct Answer Incorrect Answer
    C Based on cash flow and fixed schedule Correct Answer Incorrect Answer
    D Only interest servicing Correct Answer Incorrect Answer
    E Callable on demand Correct Answer Incorrect Answer

    Solution

    WCTL is a restructured facility and is repaid over a fixed tenure, based on the borrower's projected cash flows.

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