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 Praveen Kumar Sobti passed away, who was he?
Within the Pradhan Mantri MUDRA Yojana (PMMY), which category encompasses loans up to Rs. 50,000?
In which of the following years, progressive liberalisation of the Indian economy was first initiated?
Dalma Wildlife Sanctuary belongs to which of the following state?
Which famous personality has been appointed as the brand ambassador of Sikkim?
Azaz Patel is related to which of the following sport?
The mobile app “INDPAY” is being launched by which of these banks?
______ are contracts that give the owner the right, but not the obligation, to buy (in the case of a call option) or sell (in the case of put option) a...
Who is the author of ‘The Ministry of Utmost Happiness’?
‘Rand’ is the currency of which of the following countries?
