Examveda

Before a loan is made or guaranteed the bank ensures that the

A. borrower has reasonable prospects for repayment of loans

B. loan is meant for reconstruction and development

C. loan is meant for productive purpose

D. All of the above

Answer: Option D


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Related Questions on Business Environment and International Business

Consider the following statements. Which of these statements is/are true?

A. Socialism is compatible with democracy and liberty, whereas Communism involves creating an 'equal society' through an authoritarian state

B. Totalitarianism is a form of government which involves complete submission of people to the government. The State recognizes no limits to its authority and strives to control every aspect of public and private life wherever feasible

C. India differed from core socialism as it went for a mixed economy rather than complete government control

D. All of the above statements are true