Start learning 50% faster. Sign in now
Get Started with ixamBee
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.
Select the most appropriate ANTONYM of the given word.
DERELICT
DECIPHER - It was almost impossible for me to decipher Rohan's writing.
Everyone was shocked by the killer’s acidulous (A) / acquittal (B) which allowed him to leave prison.
Because the firemen wore masks, the...
Select the most appropriate option the can substitute the bold segment in the given sentence.
She has let herself be gone after her divorce.�...
Select the most appropriate option to substitute the underlined segment in the given sentence. If no substitution is required, select ‘No substitu...
Select the most appropriate word for the given group of words.
A traveller who moves from one region or country to another
Select the most appropriate synonym of the given word.
RETICENT
In the following questions, four words are given, out of which only one word is correctly spelt. Find the correctly spelt word.
Select the most appropriate direct form of the given sentence.
The little girl asked her mother if she could visit her friend’s house.
Amid allegations (A) of corruption, compromises (B) on safety and other issues, some of the key officials in the team were shifted out to insuffic...