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Short Term loans are generally for periods up to

A15 months

B12 months

C6 months

D2 years

Answer:

A. 15 months

Read Explanation:

Short-term loans are usually meant for working capital requirements or seasonal needs. By standard banking and NABARD definitions, short-term loans are granted for periods up to 15 months. Other terms for reference: Medium-term loans: 1 to 5 years Long-term loans: more than 5 years


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