Certificate of Deposit are issued by which of the following?1). Commer – InterviewSolution

1.	Certificate of Deposit are issued by which of the following?1). Commercial Banks2). Financial institutions3). Corporate houses4). 1 & 2
Answer» Certificates of deposits are ISSUED by commercial BANKS or financial INSTITUTION. Minimum amount can be 1 lakh. Maturity period is 3 months to 1 YEAR for banks and 1-3 YEARS for financial institution.

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