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.
Who among the following is the author of the book 'The Little Book of Encouragement'?
A man invested Rs. 10,000 at simple interest of 'x%' p.a. and received Rs. 20,000 after 2 years. If he had invested Rs. 25,000 at simple interest of 'x%...
Which one of the following States will be directly connected with Assam by the proposed bridge between Dhubri and Phulbari over river Brahmaputra ?
Which one of the following is not a characteristic of the Mughal chronicles?
Who among the following was the President of the Indian National Congress at the time of independence of India?
What will happen during the free fall of a massive object under the influence of gravitational force of the earth?
Which of the following elements is the most reactive?
Which one of the following is the first book in which the transactions of a business unit are recorded ?
Which of the following is used in CT-Scan?
The speed of a train is 90 km/hr and it takes 15 seconds to cross a man. Find the time taken by train to cross a platform if the ratio of the length of ...