SSC GD 2019 PYQ — Question 40

The correct answer is option 4 i.e. Stamp by finance minister.

• Stamp by finance minister does not come under the term 'credits.'
• Credit refers to an agreement made between the lenders and the borrower of goods and services in return for the promise of future payment.
• The terms associated with credit are the Interest rate, Collateral and Necessary documents.
• Every loan agreement includes an interest rate, which the borrower must pay to the ender along with the repayment of the principal amount, Collateral means security, which the lenders may demand against loans and necassary documents are those documents that one needs to submit to the banks for the approval of the loans.