C-09-Q130mediumsingle_mcq
A person applied for a Tk 1.50 lac loan to Arunima Bank and wants to mortgage his land but documents have discrepancies. Will granting the loan on mortgage be rational?
A person applied for a Tk 1.50 lac loan to Arunima Bank and wants to mortgage his land but documents have discrepancies. Will granting the loan on mortgage be rational?
- aYes, because mortgage is enough
- bNo, because documents have discrepancies which violate security and cautiousness principles
- cYes, because loan amount is small
- dNo, because Arunima Bank is non-scheduled