Challenger App

No.1 PSC Learning App

1M+ Downloads
Mortgage as a mode of charging security is defined in

ANegotiable Instruments Act

BTransfer of Property Act

CBanking Regulation Act

DSale of Goods Act

Answer:

B. Transfer of Property Act

Read Explanation:

Mortgage is defined under Section 58 of the Transfer of Property Act, 1882.


Related Questions:

In the Fixed Fiduciary System, RBI can issue currency without gold backing up to:
A minor can open and operate an account in his name if he has completed
The authorized share capital of RBI was: A) ₹20 crore B) ₹5 crore C) ₹50 crore D) ₹5 crore
Payment of interest on public debt is handled by RBI as:
CVV in cards stands for