Once letter of sanction is issued, the borrower has to submit____________ after appropriate board resolution to avail the loan.
A) Copy of the Board Meeting Minutes
B) Letter of Advances
C) Letter of Acceptance
D) Letter of Credit
Correct Answer:
Verified
Q3: The objectives of Cash Flow Statement are
A)Analysis
Q4: Features of Term Loan include
A)Currency
B)Security
C)Interest and Principal
Q5: Usually assets which are financed with the
Q6: As a part of Term Loan Procedure
Q7: Syndication is an arrangement for
A)Marketing Support
B)Manpower Supply
C)Providing
Q9: Current assets are financed by
A)Term Loan
B)Debentures
C)Working Capital
Q10: A DSCR ? 1 indicates
A)There is not
Q11: DSCR is a term most important to
A)Employees
B)Financers
C)Customers
D)None
Q12: What is the full form of SIDBI
A)State
Q13: Which one of the below is not
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents