The Working Capital Loan Guarantee Program of the Private Export

question 25

True/False

The Working Capital Loan Guarantee Program of the Private Export Funding Corporation (PEFCO) encourages commercial banks to extend short-term export financing to eligible exporters by providing a comprehensive guarantee that covers 90 percent of the loan's principal and interest.

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Definitions:

Intelligence Quotient

A measure of a person's intellectual abilities in relation to their age group, commonly expressed as a score derived from standardized tests.

Sternberg

Refers to Robert Sternberg, an American psychologist known for his theory on intelligence, creativity, wisdom, and love.

Terman

Lewis M. Terman, an American psychologist who is best known for his revision of the Stanford-Binet Intelligence Scales and studies on gifted children.

Mental Age

The level of mental ability or intelligence of an individual as compared to the average mental capability for their actual age.