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Banking Awareness · Q62

Banking Awareness MCQs for Banking exams, IBPS, SBI

Banking Awareness · Banking Awareness · question 62

Q62

When does a person become insolvent?

A.
When he left with no property of his own
B.
When he declares an insolvent by the Court
Answer
C.
When he terminates from a job he was holding
D.
When he declares himself to be an insolvent

Answer: Option B

Solution

Answer: Option B
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