Question

Consider the following statements regarding bridge

loan: (A) It is a loan made by a bank for a longer period to make up for permanent shortage of cash. (B) It is a loan made by a bank for a short period to make up for a temporary shortage of cash.

A Only A

B Only B

C Both A and B

D Neither A nor B

E Either A or B

Practice Next

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Relevant for Exams:

Bank of India Credit Officer

Consider the following statements regarding bridge

Solution

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