Match List I with List II:
|
List- I Type of lease |
List – II Description |
||
|
A. |
Leveraged lease |
(I) |
Mix of operating and finance lease on full payout basis and provides for the purchase option to the lessee |
|
B. |
Direct lease |
(II) |
Financing for servicing and fuel in the aircraft industry |
|
C. |
Wet lease |
(III) |
Protects lessee against the rate of obsolescence |
|
D. |
Update lease |
(IV) |
Involves lessor, lessee and financer, lessor provides equity’ and major amount is provided by the financer as loan |
Choose the correct answer from the options given below -
1
(A) - (I), (B) - (II), (C) - (III), (D) - (IV)
2
(A) - (IV), (B) - (I), (C) - (II), (D) - (III)
3
(A) - (II), (B) - (IV), (C) - (I), (D) - (III)
4
(A) - (IV), (B) - (III), (C) - (I), (D) - (II)