>
Time management is very much important in IIT JAM. The eduncle test series for IIT JAM Mathematical Statistics helped me a lot in this portion. I am very thankful to the test series I bought from eduncle.
Nilanjan Bhowmick AIR 3, CSIR NET (Earth Science)
7015051938 posted an Question
June 14, 2020 • 09:56 am
![]()
20 points
20 points
- 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
1 Answer(s)
Answer Now
- 0 Likes
- 1 Comments
- 0 Shares
-
![comment-profile-img]()
>
Do You Want Better RANK in Your Exam?
Start Your Preparations with Eduncle’s FREE Study Material
- Updated Syllabus, Paper Pattern & Full Exam Details
- Sample Theory of Most Important Topic
- Model Test Paper with Detailed Solutions
- Last 5 Years Question Papers & Answers
Sign Up to Download FREE Study Material Worth Rs. 500/-
Nidhi taparia![best-answer]()
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 are charged. For example, many a times credit cards are offered on attractive interest rates to new customers.