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Banking General Awareness Banking Regulation System of India Question Bank Previous Years Questions - Credit Functions of Banks

  • question_answer
    Which of the following is/are correct regarding the functions of the Indian Mortgage Guarantee Corporation? [IBPS 2014]

    A)  It mitigates risk taken by lenders

    B)  It provides mortgage guarantees to banks

    C)  It provides mortgage guarantees to housing finance companies

    D)  It makes easier for people to get access to   home loans with lower down payment amounts

    E)  All of the above

    Correct Answer: E

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