πŸ“’ Too many exams? Don’t know which one suits you best? Book Your Free Expert πŸ‘‰ call Now!


    Question

    Which of the following term is the practice where you

    pledge an asset (in this case, a car) to a bank when applying for a loan?
    A Hedging Correct Answer Incorrect Answer
    B Hypothecation Correct Answer Incorrect Answer
    C Saving Correct Answer Incorrect Answer
    D Demat Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    The correct answer is B

    Practice Next
    ask-question