Question

Those loans that are extended for construction of houses or for purchase of land for construction etc. is known as

• A. Agricultural Loans
• B. Housing Loans
• C. Personal Loans
• D. Business Loans

Answer 1

Answer:

B. Housing Loans

Self Employment Loans

• This kind is given to the unemployed persons to find self employment in their specified fields of activity. 

Housing Loans

• These loans are extended for construction of houses or for purchase of land for construction etc.; and 

Industrial Loans

• Loans for starting up of new industrial undertakings in which they are giving more importance now.