Question
RBI asked banks to stop offering teaser loans. What are
teaser loans?Solution
Teaser loans are mortgage loan in which the borrower pays a very low interest rate initially and which increases after a few years. Teaser loans try to entice borrowers by offering an artificially low rate and small down payments, claiming that borrowers should be able to refinance before the increases occur.
The value stated on a bond certificate is called ______
At the end of last year, Max Ltd’s assets and liabilities are:
Total assets = 85500
Accrued liabilities = 6500
Bonds payable =...
Total debt service cost implies which among the following?
The National Electronic Funds Transfer (NEFT) system processed a record high number of transactions in a day on February 29 this year. How many transac...
Under the Pradhan M antri Vaya Vandana Yojana (PMVVY), after 3 years, loan facility can be availed up to what percentage of the invested amount?
What is the cap on the cumulative exposure of Banks and NBFCs in Alternative Investment Funds (AIFs) , as a percentage of the AIF scheme corpus, as stat...
 With respect to the futures transactions, the purpose of margin is to ________
What is the age limit for eligibility under the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)?Â
Which of the following are the difference(s) between swaps and futures contracts?
1.      Swaps are typically short term, whereas futur...
Credit risk assessment consists of a systematic process to evaluate the default risk of a borrower. Which of the following is not a part of credit risk ...
