Discussion :: Banking Awareness
- What do you understand by the term ‘Mortgage’?
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A.
Registration of charge with the Registrar of Companies |
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B.
Making the security of immovable property available as a cover for a home loan by the borrower. |
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C.
Sale of moveable security in the event of default by the borrower |
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D.
Registration of charge with the Regional Transport Authority |
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Answer : Option B
Explanation :
Explanation Not Provided
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