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Target group for home loans is...

Target group for home loans is

A

existing creditors

B

persons having no house of their own

C

person having one or more than one house

D

builders

Text Solution

AI Generated Solution

The correct Answer is:
### Step-by-Step Solution: 1. **Understanding the Question**: The question asks about the target group for home loans. This means we need to identify who would be the most likely customers for home loans. 2. **Defining Target Group**: A target group refers to potential customers who are likely to be interested in a product or service. In this case, we are looking for individuals who would be interested in obtaining a home loan. 3. **Analyzing the Options**: - **Option 1: Existing Predators** - This option seems to be a typographical error and likely refers to "existing property owners." They may not be the primary target for home loans. - **Option 2: Persons Having No House of Their Own** - This option refers to individuals who do not own a home. They are likely to seek home loans to purchase their first house. - **Option 3: Persons Having One or More Than One House** - This group may not be the primary target for home loans since they already own property. - **Option 4: Builders** - Builders may seek loans for construction projects, but they are not the typical target group for home loans aimed at individual homeowners. 4. **Identifying the Best Option**: Among the options, the most relevant target group for home loans is clearly the individuals who do not own a home. They are the ones who would be looking to secure financing to buy a house. 5. **Conclusion**: Therefore, the target group for home loans is best represented by "persons having no house of their own." ### Final Answer: The target group for home loans is **persons having no house of their own**.
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