aliensbrain
  • Home
  • Study
  • Quizzes
  • 🎤AI Practicefree
  • Notebooks
  • Community
  • Sign in
Multiple choice

What is the loan disbursed by a bank to an individual for purchasing a house called?

  1. Plan finance

  2. Business loan

  3. Credit loan

  4. Retail loan

  5. Top up loan

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

The loan disbursed by a bank to an individual for purchasing a house is called a retail loan.

Keep practicing — related questions

  • When a bank provides a loan for purchase of white goods, it is categorised as ________.
  • Banks offer a loan to purchase white goods. What is this loan called?
  • Many Banks these days are entering into business of offering loans against property. This business of the b...
  • When banks deal with a large number of individual customers for deposits as well as loans (liabilities and ...
  • Directions: Select the correct option to fill in the blank in the following sentence. He sold his valuable ...
  • An altruistic behavior in which, an individual or donor performs an act that helps another individual or th...
  • In a civil suit, to which the bank is not a party, one of the parties has produced certified copy of books ...
  • N purchased a draft from a bank favoring B. The draft is lost in transit and the first bank needs some form...

Practice this topic

  • Credit, Debt, and Finance (1382 questions)
Advertisement
© Aliensbrain | all rights reserved
  • About
  • Contact
  • Terms and Condition
  • Privacy Policy