Question
When a borrower opts for an insurance policy in
connection with a loan, it is a case of _______Solution
When a borrower opts for an insurance policy in connection with a loan, it is common for the lender to require the borrower to assign the insurance policy to the lender. This means that the borrower transfers the rights and benefits of the insurance policy to the lender as security for the loan. This assignment serves as additional collateral for the loan, providing the lender with a claim on the insurance proceeds in the event of a claimable event. Therefore, the loan opted insurance policy is associated with the case of assignment.
Pteridophyta are also called:
What is the title of the campaign launched by the Ministry of Agriculture & Farmers Welfare for banks under the Agri Infra Fund?
The most common form of price discrimination in international trade is
ATMA (agriculture technology management agency ) is operational at
Bagasse is a by-product of:
Saline soil having
(A) pH<8.5
(B) E.C.>4
(C) ESP<15
(D) Physical condition - Flocculated
Choose the correct answer from the options given below:
Who defined extension education as “a science that brings about desirable changes in behavior through educational methods”?
The differential response of genotypes under changing environments is called:
Scientific name of soybean is:
Gypsum is recommended in cultivation of:
