Discussion Forum : Nabard & Other Bank Examinations
Question -
Which of the following is not a fee‐based financial service?
Answer: Option C
LEASE FINANCING IS ONE OF THE IMPORTANT SOURCES OF MEDIUM- AND LONG-TERM FINANCING WHERE THE OWNER OF AN ASSET GIVES ANOTHER PERSON, THE RIGHT TO USE THAT ASSET AGAINST PERIODICAL PAYMENTS. IT IS NOT A FEE‐BASED FINANCIAL SERVICE.
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LEASE FINANCING IS ONE OF THE IMPORTANT SOURCES OF MEDIUM- AND LONG-TERM FINANCING WHERE THE OWNER OF AN ASSET GIVES ANOTHER PERSON, THE RIGHT TO USE THAT ASSET AGAINST PERIODICAL PAYMENTS. IT IS NOT A FEE‐BASED FINANCIAL SERVICE.
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