News Snapshot:
Directions (1-8): In the following questions, a sentence is given in bold. Then three paragraphs are given. From the given paragraphs you need to choose those that help us to infer the given bold sentence. Q1. Business growth of the entities is thwacked due to liquidity crisis (I) Bank lending for most housing finance companies has dried up and as a result, cost of funds for these lenders have gone up substantially. Some of the home loan companies have either defaulted on repayment or have deferred payment due to the liquidity crisis. According to a study by rating agency Crisil,...
