LIC AAO Model Paper 9

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Question : 66 of 160

Marks: +1, -0

‘Sub Prime Lending’ is a term applied to the loans made to

those borrowers who do not have a good credit history.
those who wish to take loan against the mortgage of tangible assets
those who have a good credit history and are known to bank since 10’years
those borrowers who are most preferred customers of the Bank
None of these

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