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Banking General Awareness Banking Regulation System of India Question Bank Practice Questions - Credit Functions of Banks

  • question_answer
    Bank loan against property requires the asset to be free from encumbrances. What does it mean?

    A)  The asset to be free from liability

    B)  The asset to be properly registered

    C)  The property to be fully constructed

    D)  The asset should not have multiple owners

    E)  None of these

    Correct Answer: A

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