Question
Why is the offering of ‘teaser loans’ by commercial banks is a cause of economic concern?
- The ‘teaser loans’ are considered to be an aspect of sub-prime lending and banks may be exposed to the risk of defaulters in future.
- In India, the ‘teaser loans’ are mostly given to entrepreneurs to set-up manufacturing or export units.
Answer: Option D
Answer: (d)
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Answer: (d)
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