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Hypothecation is a financial arrangement where a borrower pledges an asset as collateral for a loan, while retaining possession of the asset. The lender has the right to seize and sell the asset if the borrower defaults on the loan Hypothecation is commonly used in cases like vehicle loans . For example, when a borrower takes out a car loan, the borrower pledges the car as collateral to the bank. The bank keeps the car as security until the loan is paid off. The borrower retains physical possession of the car, but the bank technically "holds" it .
A storeroom has only steel and copper rods in the ratio 7:6, respectively and the weight of each steel and each copper rod is in the ratio 7:8, respecti...
Which of the following financial ratios measures a company's efficiency in managing its inventory?
Which of the following statement is/are incorrect regarding “Trade Union Act 1926”?
I. The need for a legal framewor...
Which two numbers should be interchanged to make the given equation correct?
72 – 56 + (13 +19) × 2 – 95 ÷ 5 +17 = 76
(Note: Interch...
A = (7/3) × B and C = (1/14) × A. If (A + B + C) = 360, then determine the value of (10C – B).
Consider the following statements regarding Bonds and Debentures:
1. Bonds are debt financial instruments issued by large corporations, financi...
A sum of Rs. 591 is divided among X, Y and Z such that X gets Rs. 136 more than Y. Y gets Rs. 58 more than Z. Find the share of Z?
What is the provision made for funeral expenses in addition to compensation, as per the amendment made in 1995?
Consider the following statements:
1. Kaziranga National Park is a World Heritage Site recognized by the UNESCO.
2. Kaziranga National P...
With reference to the functions of the CAG which of the following statements is/are incorrect?
1. The executive can draw money from the public...