New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    What is Reverse Mortgage?

    A Is a financial product that enables senior citizens (60+) who own a house to mortgage their property. Correct Answer Incorrect Answer
    B Making payment for bills and give instruction for money transfer, fixed deposits and collection of bills etc Correct Answer Incorrect Answer
    C Is financial services, which provided almost all the type of financial services. Correct Answer Incorrect Answer
    D Practice of engaging financial transactions to conceal the identity, source and destination of illegally gained money Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The correct answer is A

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