Hypothecation facility is also called ---.

Challenger App

Cooperation - Banking

No.1 PSC Learning App

★

★

★

★

★

1M+ Downloads

Hypothecation facility is also called ---.

AClose loan facility

BOpen loan facility

C(A) Only

DBoth (A) & (B)

Answer:

B. Open loan facility

Read Explanation:

.

Read more in App

Related Questions:

When was the banking ombudsman scheme introduced

Fixed deposit is also known as ---

Who was the Governor of RBI at the time of nationalisation in 1949 ?

In Insurance the consideration is known as