πŸ“’ Too many exams? Don’t know which one suits you best? Book Your Free Expert πŸ‘‰ call Now!

  • google app store apple app store
  • βœ–

      Question

      Maximum period for which a commercial bank can accept

      term deposits is:
      A 5 years Correct Answer Incorrect Answer
      B 7 years Correct Answer Incorrect Answer
      C 10 years Correct Answer Incorrect Answer
      D No limit Correct Answer Incorrect Answer

      Solution

      Commercial banks can accept term deposits for a minimum period of 7 days and maximum period of 10 years.

      Practice Next
      ask-question