What is the full form of "TMV"?

A. True Market Value

B. Total Market Value

C. Target Multiplied Variable

D. Tactical Marketing Venture

Answer: Option A

Solution(By Examveda Team)

True Market Value (TMV) is a term commonly used for a Real Estate e-auctions or online auction, as it creates transparency for the buyers and ensure that the seller maximises the price of the property to the true market value. The transparency creates a fair deal for all parties and is auditable if any twists around the deal should arise.