Single Answer MCQ
Q-00015848
When a bank provides a loan, what must the borrower do to ensure the bank receives interest payments?
1
Make early repayments
2
Consistent savings
3
Timely repayments
4
Avoid withdrawals
Answer and Solution
Answer
C. Timely repayments
Solution:
To ensure the bank receives interest payments, the borrower must make timely repayments as agreed in their loan contract.
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