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Discussion :: Banking Awareness

  1. What do you understand by the term ‘Mortgage’?

  2. A.

     Registration of charge with the Registrar of Companies

    B.

     Making the security of immovable property available as a cover for a home loan by the borrower.

    C.

     Sale of moveable security in the event of default by the borrower

    D.

     Registration of charge with the Regional Transport Authority

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    Workspace

    Answer : Option B

    Explanation :

    Explanation Not Provided


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