CHSL 22 21-03-2023 Shift 1


Question 1


A type of loan that allows borrowers to make low payments in the initial phases but repayment of the balance amount in lump sum at maturity is known as ______.

एक प्रकार का ऋण जो उधारकर्ताओं को प्रारंभिक चरणों में कम भुगतान करने की अनुमति देता है लेकिन परिपक्वता पर शेष राशि का एकमुश्त राशि (lump sum) के रूप में पुनर्भुगतान ______ के रूप में जाना जाता है।

Options

A

Payday Loans

Payday Loans

B

Balloon Mortgage

Balloon Mortgage

C

Income - Sensitive Payment

Income - Sensitive Payment

D

English Mortgage

English Mortgage


Solution:

Correct Answer:

B

Balloon Mortgage

बैलून मॉर्टगेज


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