Banking Sample Paper SBI PO (Main) Sample Test Paper-2

  • question_answer
    In banking and finance, a loan with scheduled periodic payments of both principal and interest, typically through equal payments, is known as

    A)  Amortised loan       

    B)  Unsecured loan 

    C)  Scheduled loan       

    D)  Syndicate loan

    E)  None of these

    Correct Answer: A


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