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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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