BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Sub-prime refers to
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lending done by banks at rates below PLR
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funds raised by the banks at sub libor rates
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group of banks which are not rate as prime banks as per banker’s almanac
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lending done by financing institutions including banks to customers not meeting with normally required credit appraisal standards
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Explanation:
There is 1 question to complete.