[amp_mcq option1=”several or many banks” option2=”two banks” option3=”RBI” option4=”development bank” correct=”option1″]<\/p>\n
The correct answer is: A. several or many banks.<\/p>\n
Consortium lending is a type of loan in which a group of lenders, typically banks, provide financing to a single borrower. The lenders share the risk of the loan and the interest payments. Consortium lending is often used for large, complex projects that require significant financing.<\/p>\n
Option B is incorrect because it only mentions two banks. Consortium lending typically involves more than two banks.<\/p>\n
Option C is incorrect because the Reserve Bank of India (RBI) is the central bank of India. It is not a commercial bank and does not participate in consortium lending.<\/p>\n
Option D is incorrect because a development bank is a type of financial institution that provides loans and other financial assistance to developing countries or regions. Development banks do not typically participate in consortium lending.<\/p>\n","protected":false},"excerpt":{"rendered":"
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