Question

Which security/charge document is used to create a legal charge on movable assets (such as stocks or debtors) where physical possession remains with the borrower?

A Pledge Agreement
B Mortgage Deed
C Hypothecation Agreement
D Assignment Agreement
E Lien Letter
Practice Next

Hey! Ask a query

🎓
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
  • Section-wise Coverage (GA, English, Quant & Reasoning)