For repayment of loan availed from Banks NBFC we come across a term known as EMI What does it stand for?$?

For repayment of loan availed from Banks NBFC we come across a term kn

1.	For repayment of loan availed from Banks NBFC we come across a term known as EMI What does it stand for?$?
A.	Equated Money Index
B.	Easy Money Installment
C.	Equated Monthly Installment
D.	Equal Monthly Installment
Answer» D. Equal Monthly Installment