A mortgage is created in which type of loan?
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.
Intangible assets cover non-physical assets that cover ________________.
The Insurance Act has __________sections and ______ schedules.
Insurance that indemnifies the owner of real estate in the event that his or her clear ownership of property is challenged by the discovery of faults i...
Consider the following statement:
I. NCB is given to the insured and not to the insured vehicle.
II. On transfer of the vehicle, the ...
The General Insurance Business in India was nationalized in which year?
Any such transaction, in which any property is transferred in the name of one person and payment is made by another person is known as?
Which term referring to property coverage for the perils of burglary, theft and robbery?
What is an insurance purchased by a bank or creditor on an uninsured debtor’s behalf so if the property is damaged, funding is available to repair it?...
Identify the correct full form of GAAT?
Which of the following is a central index server that offers de-duplication services and acts as a KYC repository?
