MCQOPTIONS
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MCQOPTIONS
| 1. |
In banking parlance, 'Sub-prime' refers to |
| A. | landing by banks at rates below PLR |
| B. | funds raised by banks at sub-libor rates |
| C. | group of banks which are not rated as prime banks as per bankers almanac |
| D. | lending done by banks / FIs to customers not meeting with normally required credit appraisal standards |
| E. | None of the above |
| Answer» E. None of the above | |