Banking General Awareness Banking Regulation System of India Question Bank Practice Questions - Credit Functions of Banks

  • question_answer
    Bridge loans refer to

    A)  loans granted to construction companies for construction of bridges

    B)  loan granted to PWD for construction of bridges over rivers

    C)  interim finance allowed by banks to their customers, pending disbursement of term loans by financial institutions

    D)  loan granted to railway for construction of bridges

    E)  None of these

    Correct Answer: C


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