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    5. Any security provided to the bank in exchange for a loan is known as  ______.

    Question

    Any security provided to the bank in exchange for a loan

    is known as  ______.
    A Collateral Correct Answer Incorrect Answer
    B Gurantee Correct Answer Incorrect Answer
    C Mortgage Correct Answer Incorrect Answer
    D Both a and c Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    The correct answer is A

    Practice Next
      More Beepedia Questions
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    • Who discovered Penicillin?

    • At ________ the centigrade and Fahrenheit scales are equal.

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    • How many satellites of the Indian Regional Navigation Satellite System (IRNSS) are currently operational? 

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    Relevant for Exams:

    • RBI Grade B
    • Bank of India Credit Officer
    • SIDBI Grade A (Assistant Manager)
    • IIFCL Grade A
    • Uiic AO Finance and Investment

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