Question
Which of the following would have the lowest credit risk
for a bank/lender?Solution
In case of a LAP, a mortgage loan is created where a property is available to the bank as security against the loan, which is an appreciating asset. In case of vehicle loan, the mortgage is created on the vehicle but it being a depreciating asset, the risk of recovery in case of default is still high. In case of LAS, the security is a volatile asset (shares value can change substantially) while credit card is an unsecured personal loan where credit risk is high.
How many 8 digit numbers can be formed using the digits 1, 2, 0, 2, 4, 1, 2, 4 ?
A bag contains 4 violet, 2 grey and 6 black pullovers. 3 pullovers are chosen at random. What is the probability that at least 2 pullovers chosen will b...
In an election, a voter can vote for any number of candidates not exceeding the number to be elected. There are 7 candidates and 4 members to be elected...
In how many different ways can the letters of word ‘PUMPKIN’ be arranged?
From 6 officers and 8 Jawans, in how many ways can 5 be chosen to include exactly 3 officers?
- How many four-letter words without repetition having exactly two vowels can be formed by using the letters of the word "MEASURE"?
In how ways can the selection be made so that a particular member is always excluded?
...There are 14 candidates for 5 post. In how many different ways can be post be filled?
Geography books are always together.
A task force of 9 members is to be selected from a group of 8 male and 6 female officers. In how many ways can a task force be formed if it must contain...
