

MCQOPTIONS
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1. |
In the case of advances against fixed deposits receipts of the bank |
A. | eposit represented by the receipt is assigned to the bank |
B. | eposit receipt is pledged to the bank |
C. | eposit receipt is hypothecated to the bank |
D. | lien is created on the deposit receipts in favour of the bank |
Answer» E. | |