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Banking General Awareness Money Market and Capital Market Question Bank Money Market In India

  • question_answer
    What is the minimum amount at which certificate of deposit is issued?                       

    A) The minimum amount for certificate of deposit 5 lacs.

    B) The minimum amount for certificate of deposit is 5 crores.

    C) The minimum amount for certificate of deposit is 1 lacs.

    D) The minimum amount for certificate of deposit is 1 crore

    E) None of these

    Correct Answer: C

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