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    5. Under provisions of which act banks and other financial institutions are allowed to auction resident

    Question

    Under provisions of which act banks and other

    financial institutions are allowed to auction residential or commercial properties to recover loans.
    A SARFAESI Act 2002 Correct Answer Incorrect Answer
    B RBI Act 1934 Correct Answer Incorrect Answer
    C Banking Regulation Act 1949 Correct Answer Incorrect Answer
    D Negotiable Instruments Act 1881 Correct Answer Incorrect Answer

    Solution

    The correct answer is A

    Practice Next
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