McqMate
| Q. |
What do you understand by the term ‗Mortgage‘? |
| A. | Sale of movable security in the event of default by the borrower |
| B. | Registration of charge with the Registrar of Companies |
| C. | Making the security of immovable property available as a cover for a home loan by the borrower |
| D. | Registration of charge with the Regional Transport Authority |
| E. | Returning of the security to borrower by the bank of receipt of full payment |
| Answer» C. Making the security of immovable property available as a cover for a home loan by the borrower | |
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