Civil Services Examination · प्रश्न 52

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. ABoth Statement-I and Statement-II are correct and Statement-II explains Statement-I
2. BBoth Statement-I and Statement-II are correct, but Statement-II does not explain Statement-I
3. CStatement-I is correct, but Statement-II is incorrect
4. DStatement-I is incorrect, but Statement-II is correct