Challenger App

No.1 PSC Learning App

1M+ Downloads
Which of the following best describes the lending structure in Consortium Banking?

AOne bank provides the full loan

BBorrower takes loans from separate banks

CSeveral banks jointly provide a single loan

DForeign investors lend through a lead bank

Answer:

C. Several banks jointly provide a single loan

Read Explanation:

.


Related Questions:

--- of a bill always entertain the cancellation of old bill and making of a new bill.
A customer letter of instruction, without any stamp, in connection with the operation of his account is known as ---
A --- is a bank like any other bank, operating on a small scale without involving credit risk.
IRDA is based in
The amount is instantly credited to the account of the customer in ---.