What is correct

A. Loan is a privilege available only in some policies

B. If interest on loan is not paid, it becomes part of the loan

C. Nomination can be made by the proposer in the proposal itself

D. All of the above

Answer: Option D

Solution(By Examveda Team)

All the statements are correct.
Loan is a privilege available only in some policies, If interest on loan is not paid, it becomes part of the loan and nomination can be made by the proposer in the proposal itself.