Economics · Economy
Which of the following is NOT a typical characteristic feature of regular term loans?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Fixed or floating interest rates structure
- 2Standard short repayment tenure of under 1 year✓
- 3Often secured by fixed or primary assets
- 4Primarily used to fund long-term expansion projects
Correct answer
Standard short repayment tenure of under 1 year
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Economy MCQs →Want more practice questions on Economy?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Economy