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    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

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