Mortgage Services

1.

Which law provides the legal definition of a mortgage in India?

Indian Contract Act, 1872

Transfer of Property Act, 1882

Limitation Act, 1963

Registration Act, 1908

2.

How many categories of mortgages are defined under Section 58 of the Transfer of Property Act, 1882?

Four

Five

Six

Seven

3.

What fraction of India’s GDP is attributed to the Mortgage Industry?

10%

13%

20%

25%

4.

Which organization is the largest player in the Indian mortgage market?

SBI (State Bank of India)

ICICI Bank

HDFC (Housing Development Finance Corporation)

Axis Bank

5.

Which body regulates the mortgage sector in India?

Securities and Exchange Board of India (SEBI)

National Housing Bank (NHB)

Reserve Bank of India (RBI)

Ministry of Finance