MCQOPTIONS
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| 1. |
Under Hypothecation charge |
| A. | The ownership and possession of goods are with Bank |
| B. | The ownership is with borrower but possession is with Bank |
| C. | The ownership and possession are with borrower |
| D. | The ownership is with Bank but possession with borrower |
| Answer» D. The ownership is with Bank but possession with borrower | |