Question
Which of the following best describes a Bridge
Loan?Solution
Bridge loan is a type of gap financing arrangement wherein the borrower can get access to short-term loans for meeting short-term liquidity requirements. Bridge loans help in bridging the gap between short-term cash requirements and long-term loans. These loans are normally extended for a period of 12 months. These loans are provided at exorbitant rate of interest and are normally backed by an asset collateral like equity, debentures etc.
Regarding the Mahatma Gandhi National Rural Employment Guarantee Act, 2005, consider the following statements:
1. It aims to provide 180 days of ...
With reference to the Chief Secretary which of the following statements is/are correct?
1. The Chief Secretary acts as consciencekeeper of all...
Under the Maternity Benefit Act, of 2017, women employees are entitled to how many nursing breaks during their working hours?
Which of the following is a non-arthropod borne disease :
Consider the following statements about enforcement of the Constitution:
1. Some of the constitutional provisions related to citizenship, electio...
An increase in the Repo Rate by the Reserve Bank of India is likely to have the following impacts on the economy?Â
1. Increase in the cost of bo...
Which one of the following basic operations for converting raw input data into useful information is not performed by all computers?
Which of the following provisions is/are not correct in regards to the Mountbatten Plan?
Total number of High Courts in India is:
Find the value of (sin² 22° + sin² 68°) to (cos² 33° + cos² 57°).
