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BANKING AND MONETARY POLICY — Economics STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceEconomicsBANKING AND MONETARY POLICY2 Marks
Question
What are underwriting services?
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Answer

Underwriting is a detailed credit analysis by the bank before granting a loan to an individual or to a company. This analysis is done based on the information provided by the borrower.

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