Economics · Banking

Which of the following risks arises when borrowers fail to repay their loans as per the agreed terms?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Operational Risk
2Interest Rate Risk
3Credit Risk✓
4Liquidity Risk

Correct answer

Credit Risk

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Which of the following risks arises when borrowers fail to repay their loans as per the agreed terms?

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Which of the following risks arises when borrowers fail to repay their loans as per the agreed terms?

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