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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 electronic funds transfer system in India is available 24/7 throughout the year, including on holidays also?
What is the full form of the term LIBOR as used in financial/banking sector?
Finance Commission of India was formed to define the financial relation between the ------ and ------
In which year the first Bank of India was established?
Banks and other financial institutions in India are required to maintain a certain amount of liquid assets like cash, precious metals and other short t...
Which of the following is not considered as direct instruments of RBI?
General Insurance Corporation was established in
In which of the following places Indian coins are minted?
Which of the following are not the Priority Sector categories?
Match the following
1) UTE a) July 1964
2) SEBI b) November 1972<...
