Question
A mortgage is created in which type of
loan?ÂSolution
A mortgage is a way to use one's real property, like land, a house, or a building, as a guarantee for a loan. In case of Housing Loan, mortgage is created on the house which is kept as a collateral security for the loan provided. Personal loans are unsecured loans. In Vehicle loan the vehicle is hypothecated as security. Similarly in Trade loans the good under the trade are hypothecated. In case of Consumer loans also the assets financed are hypothecated to the lender. Movable assets as in case of Vehicle loan, Trade Loan and Consumer loan are hypothecated while immovable assets (real estate) are mortgaged. Â
The right to equality under Article 14 is subject to what exception?
Documents (other than wills) remaining unclaimed in any registration office for a period exceeding ……………. may be destroyed
...As per the Companies Act, the maximum tenure for a Managing Director, Whole-Time Director, or Manager in a company is_______________
Which of the following is NOT an obligation of the lessee under the Transfer of Property Act?Â
Interpretation has been taken up from the Latin term________
Ab invito means
What is the time limit for filing an appeal to the Appellate Tribunal?
Which of the following is not treated as 'promissory note' as per Section 4 of the Negotiable Instrument Act, 1881?
A signed the instrument in fo...
As per Regulation 4 of SEBI (Prohibition of Fraudulent and Unfair Trade Practices Relating to Securities Market) Regulations, 2003, which of the followi...
Importation of a girl or boy from a foreign country for illicit intercourse under Section 141 applies if:Â
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