MCQOPTIONS
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| 1. |
What are teaser loan rates charged by banks? |
| A. | Rate of interest which is competitively changed in relation to other banks |
| B. | Floating rate of interest charged by banks |
| C. | Low rate of interest in the initial period which goes up subsequently |
| D. | Higher rate of interest in the initial period which goes down subsequently |
| Answer» D. Higher rate of interest in the initial period which goes down subsequently | |