UGC NET
7015051938 Asked a Question
June 14, 2020 4:26 ampts 20 pts
  • UGC NET
  • Economics

What amongst the following options is correct for a teaser loan ? (a) it is an introductory rate of interest. (b) this rate is permanent in nature. (c). bot

what amongst the following options is correct for a teaser loan ? (A) it is an introductory rate of interest. (B) this rate is permanent in nature. (C). both (A) and (B) are correct. (D) neither (A) nor (B) are correct
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  • Nidhi taparia thankyou
    Only option (a) is correct. Teaser loans are promotional mechanism wherein lower interest rates are offered initially but later once the initial plan expires, normal interest rates...
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