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Economy
English – Understanding Economic Development - Money and Credit
Social Science
English – Understanding Economic Development - Money and Credit
English Medium
150 questions
Practice questions (150)
Question 1 of 150
What is collateral?
○ A bank account number
○ A wage slip only
○ A tax receipt
An asset used as security for a loan
Show explanation
"An asset used as security for a loan" is correct because it matches the relevant NCERT concept or factual point from this chapter. — Examisthan.com
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English – Understanding Economic Development - Money and Credit Notes
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