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What are the certificates of deposits?

+2 votes

asked Dec 26, 2018 in Class 12 by kratos

What are the certificates of deposits?

financial market
class-11
nature of a company
class-10
bank transactions
class-12

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1 Answer

+4 votes

answered Feb 8, 2020 by kratos

Best answer

These are short term, unsecured negotiable instrument in bearer form issued by the commercial banks.

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