Question : Corporate loans are given to:
Option 1: limited companies
Option 2: limited Individuals
Option 3: proprietary concerns
Option 4: limited educational institutions
Correct Answer: limited companies
Solution : The correct option is limited companies .
Corporate loans are typically given to limited companies. These loans are made to finance different types of limited liability firms and corporations, among other business organisations. Corporate loans are not frequently given to exclusive businesses, constrained people or constrained educational institutions.
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