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

  • question_answer
    'Sub Prime Lending' is a term applied to the loans made to     [Punjab & Sindh 2011]

    A)  those borrowers who do not have a good credit history.

    B)  those who wish to take loan against the mortgage of tangible assets.

    C)  those who have a good credit history and are known to bank since 10 years.

    D)  those borrowers who are most preferred customers of the Bank.

    E)  None of these

    Correct Answer: A


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