BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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In the 5 C’s of Credit:Your net worth
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Character
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Capacity
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Collateral
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Capital
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Conditions
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Explanation:
Detailed explanation-1: -Capital is money you have already invested in your business and the amount of money you are seeking to invest. Larger the sum you have invested in the business, bigger is the possibility of getting the loan. It establishes your intent of making the business grow and such a person is likely to repay the loan.
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