Question
When a borrower opts for an insurance policy in
connection with a loan, it is a case of _______Solution
When a borrower opts for an insurance policy in connection with a loan, it is common for the lender to require the borrower to assign the insurance policy to the lender. This means that the borrower transfers the rights and benefits of the insurance policy to the lender as security for the loan. This assignment serves as additional collateral for the loan, providing the lender with a claim on the insurance proceeds in the event of a claimable event. Therefore, the loan opted insurance policy is associated with the case of assignment.
Three of the following four letter-clusters are alike in a certain way and one is different. Pick the odd one out.
PTXB
GKOS
HKNQ
MQUY
Read the given statements and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at variance...
Select the pair that follows the same pattern as that followed by the two pairs given below.
Both pairs follow the same pattern.
HPK : NTQ
DRV : JVB
Which of the following options is the closest approximate value that should come in place of the question mark (?) in the following equation?
14....
Thickness of 8 tyres L, M, N, O, P, Q, R and S is compared. Thickness of no two tyres is same.Thickness of N is more than L but less than 6 tyres. Thick...
Select the correct mirror image of the given figure when the mirror is placed at MN as shown below.
Study the pattern in the first two pictures and then choose the number that can replace the question mark (?) in the third picture.
There are seven persons Anmol, Fuzail, Raju, Enamul, Dinesh, Badal and Chaman each of different professions Lawyer, Judge, Police, Professor, Architect,...
Statement II: Some stationery items are rubbers.
Statement III: All markers are pens.
Conclusion I: Some stationery items are not rubb...
