ExamCompetition Forum Question Papers Ask A Question Mock Test Learn & Earn Sign Up Login Menu



0 vote

Medium-term loans are provided for a period of ________.

Asked on by | Votes 0 | Views: 48 | Tags: banking financial awareness     | general knowledge     | Add Bounty

Medium-term loans are provided for a period of ________.
1). 1 year to 2 years
2). 15 months to 3 years 
3). 15 months to 4 years
4). 1 year to 3 years


Share on Facebook      Share on Whatsapp       Share on Twitter




1 answers

1 vote
Answered by on | Votes 1 |

Medium term loans are loans where repayments are made over a period of between one and three years. The short term loan is basically for less than a year and the long-term loan can be repaid within a time limit of 20 - 30 years.

Join Telegram Group




Answer This Question

Name:
Email:
Answer :
Sum of (3+5)
Submit: