1.

What is the maximum and minimum maturity of Certificate of Deposit issued by financialInstitutions?

A. Certificate of deposit issued by financial Institutions are for 1 year to 3 years.
B. Certificate of deposit issued by financial Institutions are for 7 days to 364 days.
C. Certificate of deposit issued by financial Institutions are for 15 days to 90 days.
D. None of these.
Answer» C. Certificate of deposit issued by financial Institutions are for 15 days to 90 days.


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