📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!
  • google app store apple app store
    • ✖

      Question

      Which of the following banks will not carry any credit

      risk?
      A Universal Banks Correct Answer Incorrect Answer
      B Foreign Banks Correct Answer Incorrect Answer
      C Small Finance Banks Correct Answer Incorrect Answer
      D Payment Banks Correct Answer Incorrect Answer
      E Regional rural banks Correct Answer Incorrect Answer

      Solution

      Payment banks do not engage in lending activity.   As such, they are not exposed to credit risk or default risk.

      Practice Next
      More Financial Management Questions

      Relevant for Exams:

      ask-question