Loans for education and medical is classified as loans for
A. equilibrium goods
B. non-equilibrium goods
C. durable goods
D. non-durable goods
Answer: Option D
Solution (By Examveda Team)
Loans for education and medical is classified as loans for non-durable goods. Nondurable goods are products that are consumed or are only useable for a short period of time because they wear out or become useless. An example of nondurable goods are fresh vegetables.This Question Belongs to Management >> International Finance And Treasury
Join The Discussion