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Which of the following is NOT correct regarding Certificates of Deposits (CDs)?a)It is a negotiable money market instrument.b)It is issued in a dematerialised form or as a Usance Promissory Note.c)CDs issued by banks are for a minimum period of 7 days.d)CDs issued by banks are for a maximum period of 1 year.e)FIs can issue CDs for a period not exceeding 5 years from the date of issue.Correct answer is option 'E'. 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 Which of the following is NOT correct regarding Certificates of Deposits (CDs)?a)It is a negotiable money market instrument.b)It is issued in a dematerialised form or as a Usance Promissory Note.c)CDs issued by banks are for a minimum period of 7 days.d)CDs issued by banks are for a maximum period of 1 year.e)FIs can issue CDs for a period not exceeding 5 years from the date of issue.Correct answer is option 'E'. 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 Which of the following is NOT correct regarding Certificates of Deposits (CDs)?a)It is a negotiable money market instrument.b)It is issued in a dematerialised form or as a Usance Promissory Note.c)CDs issued by banks are for a minimum period of 7 days.d)CDs issued by banks are for a maximum period of 1 year.e)FIs can issue CDs for a period not exceeding 5 years from the date of issue.Correct answer is option 'E'. Can you explain this answer?.

Solutions for Which of the following is NOT correct regarding Certificates of Deposits (CDs)?a)It is a negotiable money market instrument.b)It is issued in a dematerialised form or as a Usance Promissory Note.c)CDs issued by banks are for a minimum period of 7 days.d)CDs issued by banks are for a maximum period of 1 year.e)FIs can issue CDs for a period not exceeding 5 years from the date of issue.Correct answer is option 'E'. Can you explain this answer? in English & in Hindi are available as part of our courses for Banking Exams. Download more important topics, notes, lectures and mock test series for Banking Exams Exam by signing up for free.

Here you can find the meaning of Which of the following is NOT correct regarding Certificates of Deposits (CDs)?a)It is a negotiable money market instrument.b)It is issued in a dematerialised form or as a Usance Promissory Note.c)CDs issued by banks are for a minimum period of 7 days.d)CDs issued by banks are for a maximum period of 1 year.e)FIs can issue CDs for a period not exceeding 5 years from the date of issue.Correct answer is option 'E'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Which of the following is NOT correct regarding Certificates of Deposits (CDs)?a)It is a negotiable money market instrument.b)It is issued in a dematerialised form or as a Usance Promissory Note.c)CDs issued by banks are for a minimum period of 7 days.d)CDs issued by banks are for a maximum period of 1 year.e)FIs can issue CDs for a period not exceeding 5 years from the date of issue.Correct answer is option 'E'. Can you explain this answer?, a detailed solution for Which of the following is NOT correct regarding Certificates of Deposits (CDs)?a)It is a negotiable money market instrument.b)It is issued in a dematerialised form or as a Usance Promissory Note.c)CDs issued by banks are for a minimum period of 7 days.d)CDs issued by banks are for a maximum period of 1 year.e)FIs can issue CDs for a period not exceeding 5 years from the date of issue.Correct answer is option 'E'. Can you explain this answer? has been provided alongside types of Which of the following is NOT correct regarding Certificates of Deposits (CDs)?a)It is a negotiable money market instrument.b)It is issued in a dematerialised form or as a Usance Promissory Note.c)CDs issued by banks are for a minimum period of 7 days.d)CDs issued by banks are for a maximum period of 1 year.e)FIs can issue CDs for a period not exceeding 5 years from the date of issue.Correct answer is option 'E'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Which of the following is NOT correct regarding Certificates of Deposits (CDs)?a)It is a negotiable money market instrument.b)It is issued in a dematerialised form or as a Usance Promissory Note.c)CDs issued by banks are for a minimum period of 7 days.d)CDs issued by banks are for a maximum period of 1 year.e)FIs can issue CDs for a period not exceeding 5 years from the date of issue.Correct answer is option 'E'. Can you explain this answer? tests, examples and also practice Banking Exams tests.