Multiple choice

Reverse Mortgage Loan Scheme is launched specifically for helping ________ to avail loan by mortgage of their residential property.

  1. senior citizens

  2. corporate employees

  3. government employees

  4. bankers
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The Reverse Mortgage Loan Scheme allows senior citizens to mortgage their residential property to receive a regular stream of income from a bank. It is designed to provide financial security in retirement.

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