Conquer UPSC
EconomyBanking, Credit and Financial InclusionFinancial Inclusion, Priority Sector and Access to CreditMedium (editorial estimate)
Question details
Type:
Statement relationship
Skill:
Concept understanding
Tags:
Syndicated lending · Credit lines · Default risk

Classification and difficulty are editorial labels. Explanations are awaiting review.

Question 52 (Dropped by UPSC)

Consider the following statements : Statement-I: Syndicated lending spreads the risk of borrower default across multiple lenders. Statement-II: The syndicated loan can be a fixed amount/lump sum of funds, but cannot be a credit line. Which one of the following is correct in respect of the above statements?

  1. A.Both Statement-I and Statement-II are correct and Statement-II explains Statement-I
  2. B.Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-I
  3. C.Statement-I is correct, but Statement-II is incorrect
  4. D.Statement-I is incorrect, but Statement-II is correct
Show reference answer

Reference answer — not an official UPSC answer

The reference key lists C. Statement-I is correct, but Statement-II is incorrect as its answer.

This is the coaching source’s published answer, not a correctness judgment by Conquer UPSC.

Original UPSC paper (Series A, Q52)Official UPSC key — marked X (dropped)

← Back to 2024 questions