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Q:

Mortgage is a :-

  • 1
    security on movable property for a loan given by a bank.
  • 2
    security on immovable property for a loan given by a bank.
  • 3
    facility on immovable property for a loan given by bank.
  • 4
    any security given for loan purposes.
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Answer : 2. "security on immovable property for a loan given by a bank."

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