Question

Those loans that are used for the starting up of new industrial undertakings in which they are giving more importance are termed

• A. Personal Loans
• B. Industrial Loans
• C. Agricultural Loans
• D. Educational Loans

Answer 1

Answer:

B. Industrial 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.