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Under a mortgage, the legal ownership of the asset can be transferred to the lender if the borrower defaults on the loan amount. However, the borrower continues to remain in possession of the property. A mortgage is usually used for immovable assets (example: house, land, building, or any property which is permanently fixed to the earth or attached to the land). Home loans classify as mortgages. They are given against a collateral and no guarantee is taken
What is the targeted solar power capacity addition by 31.3.2026 under PM-KUSUM?
Consider the following statements in regards to generative AI.
1) It is a transformative type of artificial intelligence.
2) Accenture has...
The Reserve Bank of India has accorded approval to ICICI Prudential Asset Management Company Ltd (ICICI AMC) for acquiring up to 9.95 per cent stake in ...
Under Pradhan Mantri Matru Vandana Yojana (PMMVY), what is the amount of Direct Benefit Transfer of second installment after six months of pregnancy?
What is the primary purpose of the Surat Diamond Bourse ( SDB ) , inaugurated by Prime Minister Narendra Modi in Gujarat?
In which Indian State is the Nanda Devi peak located?
Which statements accurately describe the new frog species discovered in Arunachal Pradesh?
1. The new species is named Xenophrys apatani in honor...
Which of the following statements about the IEPFA and DBS Bank MoU is/are correct?
1. DBS Bank will disseminate safety messages through its digit...
Chokuwa rice or Magic Rice of which state received the GI Tag?
India’s first ambulance for street animals has been launched in ______________ which is started by the Blue Cross of India in collaboration with ...