Sub-prime refers to?

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Q 1547056883.     Sub-prime refers to?



A

Lending done by banks at rates below PLR

B

Funds raised by the banks at sub-Libor Rates

C

Group of banks which are not rates as prime banks as per Banker s Almanac

D

Lending done by financing institutions including banks to customers not meeting with normally required credit appraisal standards

E

None of the above

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Solution
(Provided By a Student and Checked/Corrected by EXXAMM.com Team)

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