Question
Which loan does not require the borrower to pay back
during their lifetime?Solution
In a reverse mortgage loan, the borrower is not required to pay back the loan during their lifetime. Reverse mortgage is a type of loan available to elderly homeowners where they can convert a portion of the equity in their home into loan funds. The loan is typically repaid when the borrower permanently moves out of the home, passes away, or sells the property. Until then, the borrower does not make any monthly mortgage payments. Instead, the loan balance increases over time as interest and fees accumulate. The loan is usually repaid from the proceeds of the sale of the home.
Statements: All trucks are bikes. All bikes are carts. Some carts are pens.
Conclusion I: Some trucks are carts.
Conclusion II: No hikes are pens.
If 32 @ 10 = 32 and 42 @ 30 = 76, then 28 @ 56 = '?'.
If F = 6 and PHONE = 58, then WEALTH =
Select the right analogous pair from the given options.
Melt : Liquid :: Freeze : ?
Identify the number, which when added to itself 18 times gives 836.
Words given on the left side of (::) are related to each other by some logic/rule/relation. Select the missing word on the right side of (::) from the g...
If HOT = 81520 and HEAT = 85120, then HEATER =
Select the set in which the numbers are NOT related in the same way as are the numbers of the following set. (NOTE: Operations should be performed on th...
Select the option in which the numbers are not related in the same way as are the number of the following set.
(12, 15, 90)
If 21 @ 7 = 18 and 43 @ 22 = 68, then 48 @ 49 = '?'.
Relevant for Exams:
