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Q 1517378289.     What is meant by Underwriting the term frequently used in financial sector?

A

Under valuation of the assets

B

The Act of taking on a risk

C

Giving a Guarantee that a loan will not become a bad loan

D

All of the above

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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