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Certificate of Deposit or CD is a fixed-income financial instrument governed under the Reserve Bank and India (RBI) issued in a dematerialized form. What is the minimum denomination of Certificate of Deposits?
  • a)
    Rs. 25000
  • b)
    Rs. 1 lakh
  • c)
    Rs. 5 lakhs
  • d)
    Rs. 10 lakhs
  • e)
    Rs. 25 lakhs
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Certificate of Deposit or CD is a fixed-income financial instrument go...
Certificate of Deposits will only be issued in dematerialized form and will be maintained at a depository that is registered with the Securities and Exchange Board of India. CDs will be released in denominations of 5 lakh minimum and 5 lakh multiples thereafter.
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Certificate of Deposit or CD is a fixed-income financial instrument governed under the Reserve Bank and India (RBI) issued in a dematerialized form. What is the minimum denomination of Certificate of Deposits?a)Rs. 25000b)Rs. 1 lakhc)Rs. 5 lakhsd)Rs. 10 lakhse)Rs. 25 lakhsCorrect answer is option 'C'. Can you explain this answer?
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Certificate of Deposit or CD is a fixed-income financial instrument governed under the Reserve Bank and India (RBI) issued in a dematerialized form. What is the minimum denomination of Certificate of Deposits?a)Rs. 25000b)Rs. 1 lakhc)Rs. 5 lakhsd)Rs. 10 lakhse)Rs. 25 lakhsCorrect answer is option 'C'. Can you explain this answer? for Banking Exams 2024 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about Certificate of Deposit or CD is a fixed-income financial instrument governed under the Reserve Bank and India (RBI) issued in a dematerialized form. What is the minimum denomination of Certificate of Deposits?a)Rs. 25000b)Rs. 1 lakhc)Rs. 5 lakhsd)Rs. 10 lakhse)Rs. 25 lakhsCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for Banking Exams 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Certificate of Deposit or CD is a fixed-income financial instrument governed under the Reserve Bank and India (RBI) issued in a dematerialized form. What is the minimum denomination of Certificate of Deposits?a)Rs. 25000b)Rs. 1 lakhc)Rs. 5 lakhsd)Rs. 10 lakhse)Rs. 25 lakhsCorrect answer is option 'C'. Can you explain this answer?.
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