Banking Sample Paper SBI Clerk Grade (Main) Sample Test Paper-7

  • question_answer
    The term 'Front-end load' is associated with _____

    A)  Term Deposits

    B)  Term Loans

    C)  Insurance Policies

    D)  Mutual Funds

    E)  Government Securities

    Correct Answer: D

    Solution :

     Front-End Load refers to a commission or sales charge applied at the time of the initial purchase for an investment, usually mutual funds and insurance policies. It is deducted from the investment amount and, as a result, it lowers the size of the investment.


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