Why is the offering of “teaser loans’’ by commercial banks a cause of economic concern ? 1. The teaser loans are considered to be an aspect of sub-prime lending and banks may be exposed to the risk of defaulters in future. 2. In India, the teaser loans are mostly given to inexperienced entrepreneurs to set up manufacturing or export units. Which of the statements given above is/are correct?

Why is the offering of “teaser loans’’
by commercial banks a cause of
economic concern ?
1. The teaser loans are considered to
be an aspect of sub-prime lending
and banks may be exposed to the
risk of defaulters in future.
2. In India, the teaser loans are
mostly given to inexperienced
entrepreneurs to set up
manufacturing or export units.
Which of the statements given above
is/are correct?

1). 1 only
2). 2 only
3). Both 1 and 2
4). Neither 1 nor 2

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