26. Which of the following is a disadvantage of unsecured lending operations?
a) Greater risk of default
b) Higher interest rates
c) Limited credit availability for borrowers
d) Reduced profitability for lenders
27. What is the purpose of loan monitoring in lending operations?
a) To determine the loan amount
b) To set the interest rate on the loan
c) To evaluate the borrower’s creditworthiness
d) To assess the loan’s performance and risk
28. Which of the following is a type of commercial lending operation?
a) Personal loans
b) Mortgage loans
c) Auto loans
d) Working capital loans
29. What is the purpose of loan recovery in lending operations?
a) To evaluate the loan applications
b) To determine the loan amount
c) To retrieve funds from defaulted loans
d) To set the repayment terms
30. Which of the following is a characteristic of online lending operations?
a) Limited access to credit for borrowers
b) Centralized loan approval process
c) Higher interest rates for borrowers
d) Reduced regulatory compliance
