Discussion :: IBPS BANK EXAM TEST 4
- Bridge loans refer to _______
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A.
Loans granted to construction companies for construction of bridges |
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B.
Loan granted to PWD for construction of bridges over Rivers |
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C.
Interim finance allowed by banks to their customers pending disbursement of term loans by financial institutions |
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D.
Loan granted to Railway for construction of bridges |
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E.
None of these |
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Answer : Option C
Explanation :
Interim finance allowed by banks to their customers pending disbursement of term loans by financial institutions
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