Soft loans refer to loans which are free of interest with a provision:
A)that the country receiving the loan shall not be eligible to borrow till the repayment of the present loan.
B)that till the time the loan is returned, the lending institution shall control the country's financial institutions.
C)of a 10-year grace period before the country receiving the loan needs to begin repayment.
D)that the country receiving the loan shall pay the whole sum in a single lump sum amount after the end of the grace period.
E)that the country receiving the loan can enter into an agreement with another country to offload its loan.

Question

Quizplus · Accepted Answer

Soft loans often come with a grace period before repayment begins, making them more accessible and less burdensome for the borrowing country.

Soft Loans Refer to Loans Which Are Free of Interest