7. Commercial banks provide collateral loans against ......
(b) govt. security
(a) bonds
(c) both A & B
(d) None
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both a and b.............
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Commercial banks provide collateral loans against(c) both A & B that is govt. security and bonds.
- Commercial banks provide collateral loans against both bonds and government securities.
- Government securities are government debt allotments used to finance daily operations, and special infrastructure and military projects.
- They guarantee the full reimbursement of invested principal at the maturity of the security and often pay systematical coupons or interest payments.
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