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GOOD MORNING SABKO ☺️ The asset or assets that a borrower pledges in order to guarantee repayment of a loan is called as - 1) Cheque 2) Collateral 3) Guarantee card 4) Bond |
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Answer» CollateralExplanation:The asset or ASSETS that a borrower pledges in order to GUARANTEE REPAYMENT of a loan is called as Collateral |
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