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.
Who chairs the six-member Advisory Group on Regulation (AGR) set up by RBI?
The “Conversations India’s Leading Art Historian Engage with 101 Themes and More” is the recent book being authored by?
Pradhan Mantri National Apprenticeship Melas ( PMNAM) on October 10, 2022 was launched by?
Which city is hosting the first meeting of the G20 Finance Track under India’s Presidency?
What is the projected GDP growth rate for India for FY25 as per Morgan Stanley?
What award did REC Limited receive at the 4th Diversity & Inclusion Excellence Awards and Conclave organized by Assocham?
Which country ranked at top in the World Justice Project (WJP) Rule of Law Index 2021 which was prepared by the World Justice Project?
Which of the following Edtech start-up became the 101st Unicorn of India?
Who has been selected for the Kerala Sangeetha Nataka Akademi fellowship in the field of Chenda/Edakka?
Which of the following became the first genetically modified commodity of Indian that has received commercial approval anywhere in the world?
