MCQOPTIONS
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| 1. |
Sub-prime refers to |
| A. | lending done by banks at rates below PLR |
| B. | funds raised by the banks at sub libor rates |
| C. | group of banks which are not rate as prime banks as per banker's almanac |
| D. | lending done by financing institutions including banks to customers not meeting with normally required credit appraisal standards |
| E. | None of these |
| Answer» E. None of these | |