Business Studies, asked by aishupawar1826, 5 months ago

The overall percentage of defaulters of personal loans in a bank is 30. What is the probability that out of a group of 6 loans sanctioned on a particular day, at least 4 will repay the loan?

Answers

Answered by naveenjoshi01974

2

Answer:

CREDIT HISTORY. Banks always prefer people with clean financial habits. ...
OCCUPATION. There are some occupations that banks prefer. ...
AGE. Age is another criterion that banks look at before giving a loan. ...
DISTANCE. ...
WORK EXPERIENCE. ...
SPOUSE'S INCOME SOURCE. ...
REPAYMENT PERIOD. ...
RELATIONSHIP WITH THE BANK.

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