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  • Banking Knowledge for Competitive Exams
  • A loan bearing low rate of interest is known as a ________.
Multiple choice

A loan bearing low rate of interest is known as a ________.

  1. hard loan

  2. soft loan

  3. capital loan

  4. business loan

  5. personal loan

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

A soft loan is a loan with a below-market rate of interest.

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