16. Which of the following is a type of consumer lending operation?
a) Commercial real estate loans
b) Working capital loans
c) Auto loans
d) Equipment financing loans
17. What is the purpose of loan underwriting in lending operations?
a) To evaluate the borrower’s creditworthiness
b) To determine the loan amount
c) To set the repayment terms
d) To assess the collateral value
18. Which of the following is a source of funds for lending operations?
a) Customer deposits
b) Interest income from loans
c) Equity investments
d) Government grants
19. What is the role of interest rates in lending operations?
a) To reduce the borrower’s credit risk
b) To determine the loan amount
c) To establish the repayment terms
d) To generate income for the lender
20. Which of the following is a step in the loan approval process in lending operations?
a) Loan disbursement
b) Loan servicing
c) Loan documentation
d) Loan underwriting
