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In a reverse mortgage loan, the borrower is not required to pay back the loan during their lifetime. Reverse mortgage is a type of loan available to elderly homeowners where they can convert a portion of the equity in their home into loan funds. The loan is typically repaid when the borrower permanently moves out of the home, passes away, or sells the property. Until then, the borrower does not make any monthly mortgage payments. Instead, the loan balance increases over time as interest and fees accumulate. The loan is usually repaid from the proceeds of the sale of the home.
Which of the following is not correct with reference to the rights guaranteed under the Right to Freedom of Religion?
What term describes the preliminary form of a legislative proposal in a parliamentary system?
Which exclusive power does the Council of States possess?
Which house one-third member retires after every 2 years?
Which of the following is NOT a valid reason for a Member of Parliament (MP) to vacate their seat?
TRIPS is the term associated with
Which of the following Fundamental Rights are guaranteed by the Indian Constitution under the Right to Freedom?
1. Right to assemble peacefully
How is the governor of a state appointed?
Which part of the Indian Constitution deals with Amendment of the Constitution?
Which of the following can be included in the definition of “State” used in different provisions concerning the fundamental rights?
1. Public...
