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.
Recently Securities and Exchanges Board of India (SEBI) makes OTP validation a must for mutual fund investments from which Financial year?
Which instrument represents the ownership of a company in the capital market?
The Centre has formed a three-member committee to review the criteria for reservation for the Economically Weaker Sections (EWS) category. Who will head...
Which two UK Royal Navy ships participated in PASSEX 2025 with the Indian Navy?
Which statements correctly describe the Collegium system in India?
(I) The Collegium system is mentioned in the Indian Constitution.
(II) ...
Which England player has recently announced his retirement from all forms of cricket?
Union minister Anurag Thakur recently launched 'Training for Emirates Jobs and Skills' at Dubai Expo. Which ministry does he have?
By what percentage has India's gross direct tax collection increased as of October 2023?
Insurance Regulatory and Development Authority of India (IRDAI) will hold an open house for the insurtech and fintech companies on _____ of every month ...
World Zoonoses Day 2025 commemorates which historical medical achievement?
