Q: The asset or assets that a borrower pledges in order to guarantee repayment of a loan is called as
(a)Cheque
(b)Collateral
(c)Guarantee card
(d)Bond
Correct Answer: (d)
Detailed explanation coming soon.
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CDS 2021 Session IQ. 5 of 120
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Q: The asset or assets that a borrower pledges in order to guarantee repayment of a loan is called as
Correct Answer: (d)
Detailed explanation coming soon.