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Start learning 50% faster. Sign in nowCERSAI or Central Registry of Securitisation Asset Reconstruction and Security Interest of India, has been established as a company under section 8 of the Companies Act, 2013 by the Government of India. CERSAI was formed to identify and check fraudulent activity in lending transactions against equitable mortgages. In other words, the CRESAI was established to discourage and prevent the practice of taking out various loans from several banks using the same asset or property. Any bank, financial institution or an individual can access the registration platform of CERSAI for a certain fee. By registering themselves with CERSAI, the lenders can pull up the information on an asset or property to validate that whether any previous security interest has been created by a different lender ( banks, financial institutions etc.) in the past. Usually, this is done before the sanction of a loan to a borrower. This is exceptionally beneficial for the genuine buyers of the property, as CERSAI permits them to pull up all the relevant information from the registry to check whether the property in which they are interested in free of any liability that may have been created by another lender.
Statements: Some reds are blues.
All blues are greens.
Some greens are not yellows.
Co...
Statement:
No dress is western.
Only a few westerns are Indians.
All Indians are traditional.
Conclusion:
I. No dress...
Statements: Only cars are motorcycles.
No motorcycle is a bike.
Some bikes are scooters.
All scooters are jeeps.
Co...
In the question below three statements are given fol lowed by three conclusions I and I I. You have to take the given statements to be true e...
Statements:
All Water are Tea.
No Tea is Coffee.
Some Coffee are Milk.
Conclusions:
I. No Water is Milk.
II. S...
Statements:
Some baby are children.
No children are bad.
All bad are baby.
Conclusion:
I. Some baby are not bad.<...
Statements:
Only a few Plate are Cup.
Some Cup are not spoon.
Some spoon are fork.
Conclusions:
I. All Cup are Plate....
Statement:
Atmost some cycle are scooter.
Only a few bike are cycle.
Some bike are scooter.
No bike are car.
Con...
Statements:All Januarys are Februarys.
No February is March.
All marches are Aprils.
Conclusions:I. some March are not Februarys.
Conclusions:
I. Some Bikes are not Cars.
II. Every Cars can be Cycles.
Statements: