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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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