Daily GK Quiz Game 506
Test #
506
[
21-May-2025
]
1.
Recently (in year 2010) we read in the news papers that RBI is worried about the teaser rates. Which among the following is an example of a "teaser rate"?
a.
A bank advertises heavily on higher interest rates on the fixed deposits and other debt instruments and then lowers the rate suddenly
b.
A bank advertises heavily on to draw potential customers by offering them rewards on home loan agreements and following acceptance, the buyer is forced to pay back a higher interest rate on the loans
c.
A Bank offers a low introductory rate in the beginning on a home loan, which increases after a certain period and higher than the normal rate
d.
A Bank offers high introductory rate in deposit instruments which later on goes down after a certain period
e.
All of them are examples of teaser rates
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