Question
Funds that a lender collects to pay monthly premiums in
mortgage and home owners insurance, and sometimes to pay property taxes is called?Solution
Escrow is a legal concept in which a financial instrument or an asset is held by a third party on behalf of two other parties that are in the process of completing a transaction. The funds or assets are held by the escrow agent until it receives the appropriate instructions or until predetermined contractual obligations have been fulfilled. Money, securities, funds and other assets can all be held in escrow.
Which state becomes the first state to protect and preserve mangroves through bio fences or barriers made from the plants?
The approach called ‘magnetic confinement of plasma’ is the scientific principle of which technique?
The National Education Policy 2020 emphasizes which of the following?
Which initiative did SBI Life Insurance launch to involve B-School students in life insurance innovations?
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Which Indian state launched the "Yuba Tripura, Natun Tripura, Atmanirbhar Tripura" initiative to encourage youth in industrial and business activi...
Who received the title Pandita from the faculty of Calcutta University for her knowledge of Sanskrit?
