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The Reserve Bank of India Has Been Critical of Home Loan Products with Comparatively Low-interest Rates in the Initial Years but Higher Interest Rates in the Subsequent Years. Such Interest Rates Are -

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Question

Mark the best option:
The Reserve Bank of India has been critical of home loan products with comparatively low-interest rates in the initial years but higher interest rates in the subsequent years. Such interest rates are popularly known as

Options

  • Teaser Rates

  • Cheater Rates

  • Twister Rates

  • Cheaper Rates

MCQ

Solution

Teaser Rates

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Economic Current Affair (Entrance Exam)
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