The practice of charging interest to borrowers who pledge their property

The practice of charging interest to borrowers who pledge their property as collateral but leaving them in possession of the property is called _________.

A. Security

B. Mortgage

C. Usury

D. Hypothecation

Answer: Option B

Solution (By Examveda Team)

The practice of charging interest to borrowers who pledge their property as collateral but leaving them in possession of the property is called Mortgage.

When was the Oriental Life Insurance Company established?

A. 1815

B. 1818

C. 1821

D. 1833

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The practice of charging interest to borrowers who pledge their property as collateral but leaving them in possession of the property is called _________.

Solution (By Examveda Team)

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The practice of charging interest to borrowers who pledge their property...

The practice of charging interest to borrowers who pledge their property as collateral but leaving them in possession of the property is called _________.

Solution (By Examveda Team)

Join The Discussion

Read More: MCQ Type Questions and Answers