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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.
How much funding has been allocated for the installation of public charging stations under the PM E-DRIVE Scheme?
'Dalkhai' is a folk dance of which of the following states of India?
Which of the following statements are correct regarding the Supreme Court judgement on validity of 103rd Constitutional Amendment Act?
A. The ...
Which of the following states has topped in India Skills Report, 2022, released by Wheebox?
Which of the following statement is incorrect about harvest festival?
If x⁴ + y⁴ = 17 and x + y = 1, then the value of x²y² - 2xy is
Consider the following statements in reference to World Meteorological Day.
1. It is celebrated on 23 March as World Meteorological Organization ...
The ‘Gross Value Added ’ is calculated on the basis of which term?
Among the following diseases, which one is NOT inherited?
Which renowned luxury brand has appointed Alia Bhatt as its first Indian global ambassador?