All Courses
Explore Courses UPSC Exam UPSC Test Series Free Notes EduRev Infinity Get the App Login Join for Free
Sign in Open App
Banking Exams Exam  >  Banking Exams Questions  >  Among the given, which of the following state... Start Learning for Free
SaveJoin the Discussion on the App
Among the given, which of the following statement is not correct?
  • a)
    A repayment holiday may be allowed for a home loan when the construction is undertaken by a reputed builder, a government agency etc. and the borrower makes payments in stages over the construction period.
  • b)
    The moratorium will be upto 24 months after the first disbursement of the loan or two months after completion of construction.
  • c)
    Until final disbursement and repayment commences, the borrower pays interest on the portion of the loan disbursed. This interest is called pre-EMI interest.
  • d)
    All of the given are correct
Correct answer is option 'B'. Can you explain this answer?
FREE This question is part of
Download PDF Attempt Test
Download PDF Attempt this Test
Most Upvoted Answer
Among the given, which of the following statement is not correct?a)A r...
  • A repayment holiday may be allowed for a home loan when the construction is undertaken by a reputed builder, a government agency etc. and the borrower makes payments in stages over the construction period. The moratorium will be upto 18 months after the first disbursement of the loan or two months after completion of construction. The interest payable over the period of the loan is calculated and added to the loan amount to arrive at the total payable amount. This amount, divided by the total number of monthly instalments is called the Equated Monthly Instalment (EMI). Until final disbursement and repayment commences, the borrower pays interest on the portion of the loan disbursed. This interest is called pre-EMI interest. Pre-EMI interest is payable every month from the date of each disbursement up to the date of commencement of EMI.
  • Hence, from above, we can conclude that, statement given in (b) is not correct.
< Previous Question Next Question >
Explore Courses for Banking Exams exam

Similar Banking Exams Doubts

Directions: Read the following passage carefully and answer the questions given below them. Certain words/phrases have been printed in bold to help you locate them while answering some of the questions.Every discussion on Indian education boils down to one conclusion: The Government is not spending enough. It appears a foregone conclusion that the quality of education depends upon expenditure and as the Government is not spending six per cent of its GDP, quality will not improve (it is said that the Government must spend at least six per cent of its GDP on education but it never crosses more than four per cent). This calculation is not appropriate in the Indian context. In Western countries, parents don't spend much on children's education. School education is Government-funded, because of the size of the countries and small number of children. Quality, therefore, is manageable. Though India must be spending more in overall public school education compared to better performing nations, due to the sheer size of the sector, quality becomes unmanageable and the money spent is, hence, wasted.We need to look at the process of spending as well. We must be an exceptional nation that constructs staff quarters and also maintains them at a subsidised price. If the Government reassesses house rent as a part of the Pay Commission every 10 years, all employees should be able to find decent accommodation within that amount in towns where they work. Our institutions become a liability because funds are spent more on construction of staff quarters and creating infrastructure which soon becomes unusable, than on teaching-learning activities. Even if we increase expenditure on education and use the Budget for the construction of staff quarters, how will it improve (directly) the quality of education? All Government servants, in a period of four years, are paid for one home visit and one paid ‘leave travel' to any part of the country and even abroad. Employees and their family members are all paid for. It needs to be reassessed if such welfare measures need to be continued or stopped and money be spent on buying more books for the libraries, consumables for the laboratories and scholarships for the learners. This money could have been better utilised if the learners from the Scheduled communities were given lodging and good quality coaching during vacations. We need to re-examine our welfare measures in all sectors, especially in education.A large portion of the Sarva Shiksha Abhiyan Budget was spent on construction of school buildings and toilets which have already become unusable. Travel to any village and you can see the dilapidated school building where classroom teaching cannot be organised. Similarly, construction and maintenance of students' hostel consume a large portion of the Budget but the quality of service is pathetic because the students are not directly paying. Learners feel they are getting subsidised services so they have forfeited the right to demand quality service. Whereas, teaching-learning and teachers' development should have been the main focus. We need to reassess the functioning of institutions and decide where to put our resources. At present, we don't seem to be spending on appropriate heads. There are more Indian students in the US and British universities than in other countries who are paid for by the parents. Parents who can afford to spend substantial amounts on education of their children prefer to send their children abroad than make them study in an Indian university as quality of education is poor. Most institutions in the US and the UK have large numbers of Indian, Chinese and East Asian countries because a substantial number of households from these regions can afford to pay for the education of their wards at best schools and colleges.Government policies have put undeserving learners and unqualified teachers in all public institutions. Governments do it to hide their failure to design and implement policies which reach out to the less-privileged. If we want the Indian education to compete with the best-performing countries, we must change our method of spending. Best-performing learners must be paid and supported. Meritorious students should be paid and not the institutions. Organisations which can attract the most talented learners should be funded and not all just because the Government established them. There are employees — teaching as well as non-teaching — who also have to be sustained till their retirement. We must give attractive perks to attract the best of talent. Unfortunately, this has not happened. We need to re-examine our perks policy.Q. Due to certain policies put down by the government,many such people are provided with facilities which they do not deserve.According to the passage, this statement is

Directions: Read the following passage carefully and answer the questions given below them. Certain words/phrases have been printed in bold to help you locate them while answering some of the questions.Every discussion on Indian education boils down to one conclusion: The Government is not spending enough. It appears a foregone conclusion that the quality of education depends upon expenditure and as the Government is not spending six per cent of its GDP, quality will not improve (it is said that the Government must spend at least six per cent of its GDP on education but it never crosses more than four per cent). This calculation is not appropriate in the Indian context. In Western countries, parents don't spend much on children's education. School education is Government-funded, because of the size of the countries and small number of children. Quality, therefore, is manageable. Though India must be spending more in overall public school education compared to better performing nations, due to the sheer size of the sector, quality becomes unmanageable and the money spent is, hence, wasted.We need to look at the process of spending as well. We must be an exceptional nation that constructs staff quarters and also maintains them at a subsidised price. If the Government reassesses house rent as a part of the Pay Commission every 10 years, all employees should be able to find decent accommodation within that amount in towns where they work. Our institutions become a liability because funds are spent more on construction of staff quarters and creating infrastructure which soon becomes unusable, than on teaching-learning activities. Even if we increase expenditure on education and use the Budget for the construction of staff quarters, how will it improve (directly) the quality of education? All Government servants, in a period of four years, are paid for one home visit and one paid ‘leave travel' to any part of the country and even abroad. Employees and their family members are all paid for. It needs to be reassessed if such welfare measures need to be continued or stopped and money be spent on buying more books for the libraries, consumables for the laboratories and scholarships for the learners. This money could have been better utilised if the learners from the Scheduled communities were given lodging and good quality coaching during vacations. We need to re-examine our welfare measures in all sectors, especially in education.A large portion of the Sarva Shiksha Abhiyan Budget was spent on construction of school buildings and toilets which have already become unusable. Travel to any village and you can see the dilapidated school building where classroom teaching cannot be organised. Similarly, construction and maintenance of students' hostel consume a large portion of the Budget but the quality of service is pathetic because the students are not directly paying. Learners feel they are getting subsidised services so they have forfeited the right to demand quality service. Whereas, teaching-learning and teachers' development should have been the main focus. We need to reassess the functioning of institutions and decide where to put our resources. At present, we don't seem to be spending on appropriate heads. There are more Indian students in the US and British universities than in other countries who are paid for by the parents. Parents who can afford to spend substantial amounts on education of their children prefer to send their children abroad than make them study in an Indian university as quality of education is poor. Most institutions in the US and the UK have large numbers of Indian, Chinese and East Asian countries because a substantial number of households from these regions can afford to pay for the education of their wards at best schools and colleges.Government policies have put undeserving learners and unqualified teachers in all public institutions. Governments do it to hide their failure to design and implement policies which reach out to the less-privileged. If we want the Indian education to compete with the best-performing countries, we must change our method of spending. Best-performing learners must be paid and supported. Meritorious students should be paid and not the institutions. Organisations which can attract the most talented learners should be funded and not all just because the Government established them. There are employees — teaching as well as non-teaching — who also have to be sustained till their retirement. We must give attractive perks to attract the best of talent. Unfortunately, this has not happened. We need to re-examine our perks policy.Q. What is the foregone conclusion that the passage talks about?

Directions: Read the following passage carefully and answer the questions given below them. Certain words/phrases have been printed in bold to help you locate them while answering some of the questions.Every discussion on Indian education boils down to one conclusion: The Government is not spending enough. It appears a foregone conclusion that the quality of education depends upon expenditure and as the Government is not spending six per cent of its GDP, quality will not improve (it is said that the Government must spend at least six per cent of its GDP on education but it never crosses more than four per cent). This calculation is not appropriate in the Indian context. In Western countries, parents don't spend much on children's education. School education is Government-funded, because of the size of the countries and small number of children. Quality, therefore, is manageable. Though India must be spending more in overall public school education compared to better performing nations, due to the sheer size of the sector, quality becomes unmanageable and the money spent is, hence, wasted.We need to look at the process of spending as well. We must be an exceptional nation that constructs staff quarters and also maintains them at a subsidised price. If the Government reassesses house rent as a part of the Pay Commission every 10 years, all employees should be able to find decent accommodation within that amount in towns where they work. Our institutions become a liability because funds are spent more on construction of staff quarters and creating infrastructure which soon becomes unusable, than on teaching-learning activities. Even if we increase expenditure on education and use the Budget for the construction of staff quarters, how will it improve (directly) the quality of education? All Government servants, in a period of four years, are paid for one home visit and one paid ‘leave travel' to any part of the country and even abroad. Employees and their family members are all paid for. It needs to be reassessed if such welfare measures need to be continued or stopped and money be spent on buying more books for the libraries, consumables for the laboratories and scholarships for the learners. This money could have been better utilised if the learners from the Scheduled communities were given lodging and good quality coaching during vacations. We need to re-examine our welfare measures in all sectors, especially in education.A large portion of the Sarva Shiksha Abhiyan Budget was spent on construction of school buildings and toilets which have already become unusable. Travel to any village and you can see the dilapidated school building where classroom teaching cannot be organised. Similarly, construction and maintenance of students' hostel consume a large portion of the Budget but the quality of service is pathetic because the students are not directly paying. Learners feel they are getting subsidised services so they have forfeited the right to demand quality service. Whereas, teaching-learning and teachers' development should have been the main focus. We need to reassess the functioning of institutions and decide where to put our resources. At present, we don't seem to be spending on appropriate heads. There are more Indian students in the US and British universities than in other countries who are paid for by the parents. Parents who can afford to spend substantial amounts on education of their children prefer to send their children abroad than make them study in an Indian university as quality of education is poor. Most institutions in the US and the UK have large numbers of Indian, Chinese and East Asian countries because a substantial number of households from these regions can afford to pay for the education of their wards at best schools and colleges.Government policies have put undeserving learners and unqualified teachers in all public institutions. Governments do it to hide their failure to design and implement policies which reach out to the less-privileged. If we want the Indian education to compete with the best-performing countries, we must change our method of spending. Best-performing learners must be paid and supported. Meritorious students should be paid and not the institutions. Organisations which can attract the most talented learners should be funded and not all just because the Government established them. There are employees — teaching as well as non-teaching — who also have to be sustained till their retirement. We must give attractive perks to attract the best of talent. Unfortunately, this has not happened. We need to re-examine our perks policy.Q. Which of the following words is nearest in meaning to the word substantial as used in the passage?

Directions: Read the following passage carefully and answer the questions given below them. Certain words/phrases have been printed in bold to help you locate them while answering some of the questions.Every discussion on Indian education boils down to one conclusion: The Government is not spending enough. It appears a foregone conclusion that the quality of education depends upon expenditure and as the Government is not spending six per cent of its GDP, quality will not improve (it is said that the Government must spend at least six per cent of its GDP on education but it never crosses more than four per cent). This calculation is not appropriate in the Indian context. In Western countries, parents dont spend much on childrens education. School education is Government-funded, because of the size of the countries and small number of children. Quality, therefore, is manageable. Though India must be spending more in overall public school education compared to better performing nations, due to the sheer size of the sector, quality becomes unmanageable and the money spent is, hence, wasted.We need to look at the process of spending as well. We must be an exceptional nation that constructs staff quarters and also maintains them at a subsidised price. If the Government reassesses house rent as a part of the Pay Commission every 10 years, all employees should be able to find decent accommodation within that amount in towns where they work. Our institutions become a liability because funds are spent more on construction of staff quarters and creating infrastructure which soon becomes unusable, than on teaching-learning activities. Even if we increase expenditure on education and use the Budget for the construction of staff quarters, how will it improve (directly) the quality of education? All Government servants, in a period of four years, are paid for one home visit and one paid ‘leave travel to any part of the country and even abroad. Employees and their family members are all paid for. It needs to be reassessed if such welfare measures need to be continued or stopped and money be spent on buying more books for the libraries, consumables for the laboratories and scholarships for the learners. This money could have been better utilised if the learners from the Scheduled communities were given lodging and good quality coaching during vacations. We need to re-examine our welfare measures in all sectors, especially in education.A large portion of the Sarva Shiksha Abhiyan Budget was spent on construction of school buildings and toilets which have already become unusable. Travel to any village and you can see the dilapidated school building where classroom teaching cannot be organised. Similarly, construction and maintenance of students hostel consume a large portion of the Budget but the quality of service is pathetic because the students are not directly paying. Learners feel they are getting subsidised services so they have forfeited the right to demand quality service. Whereas, teaching-learning and teachers development should have been the main focus. We need to reassess the functioning of institutions and decide where to put our resources. At present, we dont seem to be spending on appropriate heads. There are more Indian students in the US and British universities than in other countries who are paid for by the parents. Parents who can afford to spend substantial amounts on education of their children prefer to send their children abroad than make them study in an Indian university as quality of education is poor. Most institutions in the US and the UK have large numbers of Indian, Chinese and East Asian countries because a substantial number of households from these regions can afford to pay for the education of their wards at best schools and colleges.Government policies have put undeserving learners and unqualified teachers in all public institutions. Governments do it to hide their failure to design and implement policies which reach out to the less-privileged. If we want the Indian education to compete with the best-performing countries, we must change our method of spending. Best-performing learners must be paid and supported. Meritorious students should be paid and not the institutions. Organisations which can attract the most talented learners should be funded and not all just because the Government established them. There are employees — teaching as well as non-teaching — who also have to be sustained till their retirement. We must give attractive perks to attract the best of talent. Unfortunately, this has not happened. We need to re-examine our perks policy.Q. Which of the following words is nearest in meaning to the word dilapidated as mentioned in the passage?

Directions: Read the following passage carefully and answer the questions given below them. Certain words/phrases have been printed in bold to help you locate them while answering some of the questions.Every discussion on Indian education boils down to one conclusion: The Government is not spending enough. It appears a foregone conclusion that the quality of education depends upon expenditure and as the Government is not spending six per cent of its GDP, quality will not improve (it is said that the Government must spend at least six per cent of its GDP on education but it never crosses more than four per cent). This calculation is not appropriate in the Indian context. In Western countries, parents don't spend much on children's education. School education is Government-funded, because of the size of the countries and small number of children. Quality, therefore, is manageable. Though India must be spending more in overall public school education compared to better performing nations, due to the sheer size of the sector, quality becomes unmanageable and the money spent is, hence, wasted.We need to look at the process of spending as well. We must be an exceptional nation that constructs staff quarters and also maintains them at a subsidised price. If the Government reassesses house rent as a part of the Pay Commission every 10 years, all employees should be able to find decent accommodation within that amount in towns where they work. Our institutions become a liability because funds are spent more on construction of staff quarters and creating infrastructure which soon becomes unusable, than on teaching-learning activities. Even if we increase expenditure on education and use the Budget for the construction of staff quarters, how will it improve (directly) the quality of education? All Government servants, in a period of four years, are paid for one home visit and one paid ‘leave travel' to any part of the country and even abroad. Employees and their family members are all paid for. It needs to be reassessed if such welfare measures need to be continued or stopped and money be spent on buying more books for the libraries, consumables for the laboratories and scholarships for the learners. This money could have been better utilised if the learners from the Scheduled communities were given lodging and good quality coaching during vacations. We need to re-examine our welfare measures in all sectors, especially in education.A large portion of the Sarva Shiksha Abhiyan Budget was spent on construction of school buildings and toilets which have already become unusable. Travel to any village and you can see the dilapidated school building where classroom teaching cannot be organised. Similarly, construction and maintenance of students' hostel consume a large portion of the Budget but the quality of service is pathetic because the students are not directly paying. Learners feel they are getting subsidised services so they have forfeited the right to demand quality service. Whereas, teaching-learning and teachers' development should have been the main focus. We need to reassess the functioning of institutions and decide where to put our resources. At present, we don't seem to be spending on appropriate heads. There are more Indian students in the US and British universities than in other countries who are paid for by the parents. Parents who can afford to spend substantial amounts on education of their children prefer to send their children abroad than make them study in an Indian university as quality of education is poor. Most institutions in the US and the UK have large numbers of Indian, Chinese and East Asian countries because a substantial number of households from these regions can afford to pay for the education of their wards at best schools and colleges.Government policies have put undeserving learners and unqualified teachers in all public institutions. Governments do it to hide their failure to design and implement policies which reach out to the less-privileged. If we want the Indian education to compete with the best-performing countries, we must change our method of spending. Best-performing learners must be paid and supported. Meritorious students should be paid and not the institutions. Organisations which can attract the most talented learners should be funded and not all just because the Government established them. There are employees — teaching as well as non-teaching — who also have to be sustained till their retirement. We must give attractive perks to attract the best of talent. Unfortunately, this has not happened. We need to re-examine our perks policy.Q. Which tone the author has possibly used in the passage?

Top Courses for Banking ExamsView all

Top Courses for Banking Exams

Among the given, which of the following statement is not correct?a)A repayment holiday may be allowed for a home loan when the construction is undertaken by a reputed builder, a government agency etc. and the borrower makes payments in stages over the construction period.b)The moratorium will be upto 24 months after the first disbursement of the loan or two months after completion of construction.c)Until final disbursement and repayment commences, the borrower pays interest on the portion of the loan disbursed. This interest is called pre-EMI interest.d)All of the given are correctCorrect answer is option 'B'. Can you explain this answer?
Question Description
Among the given, which of the following statement is not correct?a)A repayment holiday may be allowed for a home loan when the construction is undertaken by a reputed builder, a government agency etc. and the borrower makes payments in stages over the construction period.b)The moratorium will be upto 24 months after the first disbursement of the loan or two months after completion of construction.c)Until final disbursement and repayment commences, the borrower pays interest on the portion of the loan disbursed. This interest is called pre-EMI interest.d)All of the given are correctCorrect answer is option 'B'. Can you explain this answer? for Banking Exams 2024 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about Among the given, which of the following statement is not correct?a)A repayment holiday may be allowed for a home loan when the construction is undertaken by a reputed builder, a government agency etc. and the borrower makes payments in stages over the construction period.b)The moratorium will be upto 24 months after the first disbursement of the loan or two months after completion of construction.c)Until final disbursement and repayment commences, the borrower pays interest on the portion of the loan disbursed. This interest is called pre-EMI interest.d)All of the given are correctCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Banking Exams 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Among the given, which of the following statement is not correct?a)A repayment holiday may be allowed for a home loan when the construction is undertaken by a reputed builder, a government agency etc. and the borrower makes payments in stages over the construction period.b)The moratorium will be upto 24 months after the first disbursement of the loan or two months after completion of construction.c)Until final disbursement and repayment commences, the borrower pays interest on the portion of the loan disbursed. This interest is called pre-EMI interest.d)All of the given are correctCorrect answer is option 'B'. Can you explain this answer?.
Solutions for Among the given, which of the following statement is not correct?a)A repayment holiday may be allowed for a home loan when the construction is undertaken by a reputed builder, a government agency etc. and the borrower makes payments in stages over the construction period.b)The moratorium will be upto 24 months after the first disbursement of the loan or two months after completion of construction.c)Until final disbursement and repayment commences, the borrower pays interest on the portion of the loan disbursed. This interest is called pre-EMI interest.d)All of the given are correctCorrect answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for Banking Exams. Download more important topics, notes, lectures and mock test series for Banking Exams Exam by signing up for free.
Here you can find the meaning of Among the given, which of the following statement is not correct?a)A repayment holiday may be allowed for a home loan when the construction is undertaken by a reputed builder, a government agency etc. and the borrower makes payments in stages over the construction period.b)The moratorium will be upto 24 months after the first disbursement of the loan or two months after completion of construction.c)Until final disbursement and repayment commences, the borrower pays interest on the portion of the loan disbursed. This interest is called pre-EMI interest.d)All of the given are correctCorrect answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Among the given, which of the following statement is not correct?a)A repayment holiday may be allowed for a home loan when the construction is undertaken by a reputed builder, a government agency etc. and the borrower makes payments in stages over the construction period.b)The moratorium will be upto 24 months after the first disbursement of the loan or two months after completion of construction.c)Until final disbursement and repayment commences, the borrower pays interest on the portion of the loan disbursed. This interest is called pre-EMI interest.d)All of the given are correctCorrect answer is option 'B'. Can you explain this answer?, a detailed solution for Among the given, which of the following statement is not correct?a)A repayment holiday may be allowed for a home loan when the construction is undertaken by a reputed builder, a government agency etc. and the borrower makes payments in stages over the construction period.b)The moratorium will be upto 24 months after the first disbursement of the loan or two months after completion of construction.c)Until final disbursement and repayment commences, the borrower pays interest on the portion of the loan disbursed. This interest is called pre-EMI interest.d)All of the given are correctCorrect answer is option 'B'. Can you explain this answer? has been provided alongside types of Among the given, which of the following statement is not correct?a)A repayment holiday may be allowed for a home loan when the construction is undertaken by a reputed builder, a government agency etc. and the borrower makes payments in stages over the construction period.b)The moratorium will be upto 24 months after the first disbursement of the loan or two months after completion of construction.c)Until final disbursement and repayment commences, the borrower pays interest on the portion of the loan disbursed. This interest is called pre-EMI interest.d)All of the given are correctCorrect answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Among the given, which of the following statement is not correct?a)A repayment holiday may be allowed for a home loan when the construction is undertaken by a reputed builder, a government agency etc. and the borrower makes payments in stages over the construction period.b)The moratorium will be upto 24 months after the first disbursement of the loan or two months after completion of construction.c)Until final disbursement and repayment commences, the borrower pays interest on the portion of the loan disbursed. This interest is called pre-EMI interest.d)All of the given are correctCorrect answer is option 'B'. Can you explain this answer? tests, examples and also practice Banking Exams tests.
Explore Courses for Banking Exams exam

Top Courses for Banking Exams

Explore Courses

Suggested Free Tests

Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev
Get App
© EduRev
Education Revolution
Follow Us
Signup to see your scores go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup