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Q52·GS Paper 1 · Prelims 2024

Syndicated Lending

EconomyBanking & RBIAssertion-ReasonHardStatic

Question

Consider the following statements: Statement-I: Syndicated lending spreads the risk of borrower default across multiple lenders. Statement-II: The syndicated loan can be a fixed amount/lump sum of funds, but cannot be a credit line. Which one of the following is correct in respect of the above statements?

Options

a

Both Statement-I and Statement-II are correct and Statement-II explains Statement-I

b

Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-I

c

Statement-I is correct, but Statement-II is incorrect

Answer
d

Statement-I is incorrect, but Statement-II is correct

Explanation

Statement-I is correct; a syndicated loan involves a group of lenders pooling resources to fund a single borrower, fundamentally spreading the credit risk. Statement-II is incorrect; syndicated loans are highly flexible and frequently structured as a revolving credit line, not just as a fixed term loan.

Syndicated lending is defined by the consortium of lenders sharing risk, not by rigid limitations on the loan's payout structure.

Answer: (c).

Question details

Year

2024

Paper

GS Paper 1

Question

Q52

Subject

Economy

Sub-topic

Banking & RBI

Type

Assertion-Reason

Difficulty

Hard

Nature

Static

Source hint

RBI Consortium Lending Rules / Corporate Credit Syndication Framework

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