When a Bank provides a loan for purchase of white goods, it is categorised as _____________ A. Consumption loan B. White Goods loan C. Consumer Durable loan D. Working Capital

When a Bank provides a loan for purchase of white goods, it is categorised as _____________ A. Consumption loan B. White Goods loan C. Consumer Durable loan D. Working Capital
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C. Consumer Durable loan Explanation: Consumer Durable loan is a finance option for purchase of (White Goods) household items like Washing Machines, Refrigerators, AC, LED, LCD, Microwaves etc.
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