Question

Under Section 13(4), if the borrower fails to discharge liability, the secured creditor may take which of the following measures?

A All of the above
B Take over management of the business
C Require debtors of the borrower to pay
D Appoint a manager
E Take possession of the secured assets
Practice Next

Hey! Ask a query

🎓
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
  • Section-wise Coverage (GA, English, Quant & Reasoning)