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In case of a LAP, a mortgage loan is created where a property is available to the bank as security against the loan, which is an appreciating asset. In case of vehicle loan, the mortgage is created on the vehicle but it being a depreciating asset, the risk of recovery in case of default is still high. In case of LAS, the security is a volatile asset (shares value can change substantially) while credit card is an unsecured personal loan where credit risk is high.
Who is the author of the book "Why Bharat Matters," which is praised as a masterful exposition of diplomatic skills and political perspicacity?
Who wrote the famous book 'A Brief History of Time'?
How many bones are found in the upper limb?
Which literary work titled "The Humble Administrator's Garden" is authored by?
Katie Taylor is famous boxer from which country?
The New Delhi Municipal Committee(NDMC) has passed a proposal to rename New Delhi's Rajpath,the road from Rashtrapati Bhavan to India Gate.
Who authored 'Harshacharita', a biography of the Indian emperor Harshavardhana?
When was the first five year plan started?
Who among the following people wrote a book named "Kitab al-Tafhim"?
Who is elected as the chairman of the Indian Farmers Fertiliser Cooperative (IFFCO)?