WHICH OF THE FOLLOWING CORRECTLY DESCRIBES WHAT SUB-PRIME LENDING...

34.

Which of the following correctly describes what sub-prime lending is?

A. Lending to the people who cannot return the loans.

B. Lending to the people who are high value customers of the banks.

C. Lending to those who are not a regular customer of a bank.

(a) Only A

(b) Only B

(c) Only C

(d) All, A, B and C

(e) A and C

1 B

16 D

24 C

2 D

9 A

17 B

25 A

3 A

10 C

18 A

26 B

4 A

11 D

19 A

27 A

5 A

12 D

20 B

28 B

6 A

13 D

21 D

29 E

7 B

14 D

22 B

30 E

8 a

15 D

23 D

31 A

32 D

33 A

34 A

35 C

36 A

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