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Banking Awareness · Q467

Banking Awareness MCQs for Banking exams, IBPS, SBI

Banking Awareness · Banking Awareness · question 467

Q467

"Sub Prime lending" is a term applied to the loans made to

A.
Those borrows who do not have a good credit history
Answer
B.
Those who wish top take loan against the mortgage of tangible assets
C.
Those who have a good credit history and are know to bank since 10 years
D.
Those borrowers who are most preferred customers of the bank

Answer: Option A

Solution

Answer: Option A
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