New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Mortgagor has a right to redeem_____?

    A At his will Correct Answer Incorrect Answer
    B At anytime after the principle money becomes due. Correct Answer Incorrect Answer
    C When the mortgagee and mortgagor both are ready to redeem Correct Answer Incorrect Answer
    D When the mortgagor has made some default in the repayment of money. Correct Answer Incorrect Answer

    Solution

    As per TP Act, S. 60. Right of mortgagor to redeem.— At any time after the principal money has become [due] .

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