Question : Which of the following statements is true?
Option 1: Loans taken are secured by mortgage of the assets purchased is known as primary or principal security.
Option 2: Security given in addition to the primary or principal security is termed or known as Collateral Security.
Option 3: Collateral security is realised by the lender only if the due amount (loan plus interest) cannot be recovered by realising the primary or principal security.
Option 4: All of the above
Correct Answer: All of the above
Solution : Answer = All of the above
In loan agreements, assets purchased typically serve as the primary security. Additional security provided alongside is called collateral security. Collateral security is accessed by the lender only if the primary security is insufficient to cover the outstanding loan amount and interest. Hence, the correct option is 4.
Option 1: Collateral security means secondary security in addition to principal security.
Option 2: The bank or the other persons to whom such debentures are issued as collateral security will not be entitled to any interest on these debentures.
Option 3: Bank are entitled to get interest on the original loan advanced by them.
Question : When a Company takes a loan from a Bank or from some other party, the Company may have to issue debentures as a subsidiary or secondary security in addition to the principal security known as --------
Option 1: For cash consideration
Option 2: For other then cash consideration
Option 3: Collateral securities
Option 4: None of the above
Question : Which of the following type of monetary incentive is highlighted in the below statement? Employees get dividend as well as participation in the management of the organisation in addition to their regular salaries.
Option 1: Co-partnership
Option 2: Stock Option
Option 3: Prerequisites
Option 4: Both A and B.
Question : In addition to the accessibility of raw materials, an industry's location is influenced by the availability of which of the following?
Option 1: Environmental protection and vegetation
Option 2: Manpower and energy sources
Option 3: Transportation and bioenergy
Option 4: Water and inputs
Question : In addition to oral traditions, how were Bhakti-Sufi compositions preserved?
Option 1: Through dance forms
Option 2: Through architecture
Option 3: Through manuscripts
Option 4: Through rituals
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