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    Question

    Which of the following term means using shares as

    collateral and taking a loan against them?
    A Pledging of Shares Correct Answer Incorrect Answer
    B Promise of Shares Correct Answer Incorrect Answer
    C Agreement of Shares Correct Answer Incorrect Answer
    D Tie-up of Shares Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    In simple terms, a pledge of stock or share pledge means using shares as collateral and taking a loan against them.

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