Module: General Practice
Q30: Which law specifically addresses actions a bank can take in case of default in a hypothecation agreement?
✅ Correct Answer: C
SARFAESI Act, 2002.
This act allows banks to take action in case of default.
Its enforcement power is a key topic in Banker Customer Relationship MCQs.
This act allows banks to take action in case of default.
Its enforcement power is a key topic in Banker Customer Relationship MCQs.