1.

Select the false one/ones from statements given below: 1. Exchanging the loan particular interest rate for another at lowest interest rate is called interest swap. 2. One debt being exchanged by another for a fresh term of repayment scheduled at the same or lower interest rate called debt swap.

A. Only 2 is correct
B. Both are correct
C. Neither 1 nor 2 are correct
D. Only 1 is correct
Answer» D. Only 1 is correct


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