Start learning 50% faster. Sign in now
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.
Which of the following categories of borrowers are eligible for housing loans from Urban Cooperative Banks (UCBs)?
The global smartphone market is dominated by a few major players like Apple, Samsung, and a few Chinese brands. These companies engage in intense compet...
Which of the following bank holds 10% state in Brickwork Ratings?
What do ethics most closely relate to?
This process starts with which of the following?
The country’s retail inflation had crept above the RBI’s tolerance range in January 2022. It remained above the target range for ten months before r...
According to the stipulations for reporting fraud, when is the Statutory Auditor required to forward a report to the Secretary, Ministry of Corporate Af...
Which of the following document gives an aggregation of various types of expenditure and certain other items across demands?
Consider the following statement about Capital Budget:
I. Capital Receipts
II. Capital Payments
III. Capital Spending
Whi...
If Selling Price is 9 per unit, variable cost is 5 per unit and fixed cost is 100000, calculate PV ratio?