Ramu wants to take a loan from a bank to start a small business.But Bank wants an item which can be kept as a collateral against loan. Analyse the items given below,considering one of the following correct option which can be used as a collateral against loan.
(a) Land titles
(b) Vehicle
(c) Building
(d) All of these
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0
Answer:
all of these
Explanation:
A collateral is an asset owned by the borrower and he uses this as an garantee until the loan is repaid. collateral could be anything such as land, cattles, house,etc.
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Explanation:
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Ramu wants to take a loan from a bank to start a small business.But Bank wants an item which can be kept as a collateral against loan. Analyse the items given below,considering one of the following correct option which can be used as a collateral against loan.
(a) Land titles
(b) Vehicle
(c) Building
(d) All of these
✶⊶⊷⊶⊷❍ ❥ ❍⊶⊷⊶⊷✶
▬▬▬▬ஜ۩۞۩ஜ▬▬▬▬
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