General Knowledge · General Awareness
Which mode of charging security is characterized by the delivery of title deeds of immovable property to the bank with the intent to create a security interest, and where is this legally valid in India?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Usufructuary Mortgage; valid only for agricultural land.
- 2Equitable Mortgage; valid in towns notified by the State Government.✓
- 3English Mortgage; valid only in Presidency Towns.
- 4Simple Mortgage; valid in all rural areas.
Correct answer
Equitable Mortgage; valid in towns notified by the State Government.
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for General Knowledge?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice General Awareness MCQs →Want more practice questions on General Awareness?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in General Knowledge · General Awareness