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प्रश्न
Which one of the following is the appropriate meaning of collateral?
पर्याय
It is the sum total of money borrowed from banks.
The amount borrowed from friends.
It is an asset of the borrower used as guarantee to a lender.
The amount invested in a business.
It is the amount of money borrowed from banks.
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उत्तर
It is an asset of the borrower used as a guarantee to a lender.
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संबंधित प्रश्न
How does money act as a medium of exchange?
Which one of the following refers to investment?
(A) The money spent on religious ceremonies
(B) The money spent on social customs
(C) The money spent to buy assets such as land
(D) The money spent on household goods
How can money easily exchange it for goods or services? Give example to explain.
Why one cannot refuse a payment made in rupees in India?
What is the meaning of 'barter system'?
How is money used in everyday life? Explain with examples.
In situations with high risks, credit might create further problems for the borrower. Explain.
How does money solve the problem of double coincidence of wants? Explain with an example of your own.
Explain the meaning of 'Currency'.
How does the use of money make it easier to exchange things? Give an example.
