Economy › Money/Banking/Finance

Which of the following pairs are correctly matched

1. Dow Jones New York
2. Hang-Seng Seoul
3. FTSE-100 London

Select the correct answer using the codes given below:

Microfinance is the provision of financial services to people of low-income groups. This includes both the consumers and the self-employed. The service/services rendered under micro-finance is/are

1. Credit facilities
2. Savings facilities
3. Insurance facilities
4. Fund Transfer facilities

Select the correct answer using the codes given below the lists:

Why is the offering of "teaser loans" by commercial banks a cause of economic concern?

1. The "teaser loans" are considered to be an aspect of sub-prime lending and banks may be exposed to the risk of defaulters in future
2. In India, the teaser loans are mostly given to inexperienced entrepreneurs to set up manufacturing or export units

Which of the statements given above is/are correct?