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What is the full form of "TMV"? - Practice (Sanskrit) - ObjectiveMcq

HomePracticeAbbreviationsBasicsWhat is the full form of "TMV"?...

Basics AbbreviationsMedium

What is the full form of "TMV"?

Correct Answer: A — True Market Value

Explanation:

True Market Value (TMV) is a term commonly used for a Real Estate e-auctions or online auction, as it creates transparency for the buyers and ensure that the seller maximises the price of the property to the true market value. The transparency creates a fair deal for all parties and is auditable if any twists around the deal should arise.

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