Loan which is made available for businesses or individuals to buy land, home or other property is classified as

A secondary loan
B primary loan
C mortgages
D swapped mortgages

Correct Answer: mortgages

Loan which is made available for businesses or individuals to buy land, home or other property is classified as mortgages. A mortgage is a loan from a bank or a financial institution that helps the borrower purchase a house. A mortgage is secured by the home itself, so if the borrower defaults on the loan, the bank can sell the home and recoup its losses.
Bissoy MCQ
#Management #International Finance And Treasury

Related Questions

Answer the question on the basis of the given information. Businesses are suffering because of lack of money available for development loans.To help businesses,the government plans to modify the income- tax structure in order to induce individual tax payers to put a larger portion of their incomes into retirement savings accounts, because as more money is deposited in such accounts, more money becomes available to borrowers. Which of the following, if true, raises the most serious doubt regarding the effectiveness of the government's plan to increase the amount of money available for development loans for businesses?
A When levels of personal retirement saving increase, consumer borrowing always increases correspondingly.
B The increased tax revenue the government would receive as a result of business expansion would not offset the loss in revenue from personal income taxes during the first year of the plan.
C Even With tax incentives,some people will choose not to increase their levels of retirement savings .
D Bankers generally will not continue to lend money to Businesses whose prospective earnings are insufficient to meet their loan repayment schedules.
150 individuals attended a marathon held in Sylhet. Of those only If x of the 150 individuals were from sythet and z of the individuals participated in the marathon but were not from sylhet. Which of the following represents the number of individuals who did not participated in the marathon and were not from sylhet?
A 150 -x+z
B 150 -x-y+z
C 150-x+z
D 150-x-z
Of the 45 families in a locality, 25 families have working mothers and 10 families have retired individuals as members to look after the children at home. Of the families, 8 have both working mothers and retired individuals as members. How many of the families have working mothers but no retired individuals as members?
A 2
B 18
C 17
Of the 65 families in a locality, 45 have children and 10 have retired individuals as members. Of the families, 8 have both children and retired individuals as members. How many of the families have neither children nor retired individuals as members?
A 2
B 18
C 20
The Head of a newly formed government desires to appoint five of the six elected members A,B,C,D,E and F to portfolios of Home,Power,Defence ,Telecom and Finance.F dose not want any portfolio if D gets one the five.C wants either Home or Finance or on portfolio.B says that if D gets either Power or Telecom then she must get the other one.E insists on a portfolio if A gets one. If a gets Home and C gets Finance,then which is NOT a valid assignment for Defence and Telecom?
A B-Defence,D-Telecom
B B-Defence,E-Telecom
C F-Defence,B-Telecom
D D-Defence,B-Telecom
A groccer buy some eggs at tk. 3 each. He find 12 of them are broken, but he sells other at tk.4 each and makes profit of tk.96.How many eggs did he buy?
A 140
B 142
C 144
D 150
You create home directories for users Jan and Kim on a Windows NT Server computer. Jan works on a Windows NT Workstation computer. Kim works on a Microsoft Windows for Workgroups computer. After they log on, Jan can access her home directory, but Kim cannot access her home directory. What should you do?
A Start the Replication service on Kim's Windows for Workgroups computer
B Relocate Kim's home directory to her Windows for Workgroups computer
C Map a drive on Kim's Windows for Workgroups computer to her home directory on the server
D You cannot do this. Home directories can be accessed only by Windows NT computers
A company owns some land and buildings for which the following details are relevant : Cost of land Taka 50,000; cost of building Taka 100,000, estimated life of building 20 years, estimated residual value of building Taka 2000; estimated residual value of land Taka 50,000. The company uses the straight line depreciation method. Which is the correct annual depreciation charge for this asset?
A Taka 4000
B Taka 4900
C Taka 7400
D Taka 7500
A farmer's land is in the shape of a trapezium which has its parallel sides measuring 2.56 yards and 3.44 yards and the distance between the parallelsides in 1.44 yards. The cost of ploughing the land is Rs 1800 per square yard. What amount will (in Rs) have to be spent in order to plough the entire land?
A 3672
B 6732
C 7776
D 8214
In a market suvey 20% respondents opted for product A whereas 60% opted for product B. the remaining individuals were not certain. If the difference in number between those who opted for product B and those who were uncertain was 720 . How many individuals were covered in the survey?
A 1440
B 1800
C 3600
D None

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