General Knowledge Question and Answers 26 November 2020: Set 7

  • Question 11 :
  • What are teaser loan rates charged by banks?

  • Rate of interest which is competitively changed in relation to other banks
  • Floating rate of interest charged by banks
  • Low rate of interest in the initial period which goes up subsequently
  • Higher rate of interest in the initial period which goes down subsequently
General Knowledge Question and Answers 26 November 2020: Set 7
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