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In case of a LAP, a mortgage loan is created where a property is available to the bank as security against the loan, which is an appreciating asset. In case of vehicle loan, the mortgage is created on the vehicle but it being a depreciating asset, the risk of recovery in case of default is still high. In case of LAS, the security is a volatile asset (shares value can change substantially) while credit card is an unsecured personal loan where credit risk is high.
What are the 3v’s of Big Data?
Which of the following best describes the relationship between Distributed Parallel Computing and Cloud Computing?
Which type of memory is fastest in terms of data access speed?
Which of the following statements accurately describes the use of the SQL CREATE statement?
What is the purpose of the fork() system call in Unix-based operating systems?
Which represents a collection of binary data stored as a single entity in the database management system?
Which of the following statements best describes the role of the JDBC package in Java programming?
Which functional dependency holds in given relation R (A, B, C) and why?
Which register stores the temporary results during computation?
What is the primary purpose of a MAC (Media Access Control) ID in networking?