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    Question

    Under which Act is the term “Mortgage” legally

    defined in India?
    A Banking Regulation Act Correct Answer Incorrect Answer
    B Transfer of Property Act, 1882 Correct Answer Incorrect Answer
    C SARFAESI Act Correct Answer Incorrect Answer
    D Indian Contract Act Correct Answer Incorrect Answer
    E Real Estate (Regulation) Act Correct Answer Incorrect Answer

    Solution

    The Transfer of Property Act, 1882 defines various types of mortgages and their legal enforceability.

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