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The interest rate on Three months Inter Corporate deposit is
- a)0.12
- b)0.15
- c)0.1
- d)0.2
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
The interest rate on Three months Inter Corporate deposit isa)0.12b)0....
Explanation:
Inter Corporate Deposit (ICD):
Inter Corporate Deposit (ICD) is a short-term borrowing instrument issued by one corporate to another corporate. It is a type of unsecured loan that helps companies raise funds for a short period of time.
Three months ICD:
Three months ICD refers to an inter corporate deposit that has a maturity period of three months. It means that the borrower will repay the principal amount along with the interest after three months from the date of borrowing.
Interest Rate on Three months ICD:
The interest rate on Three months ICD may vary depending on various factors such as prevailing market conditions, creditworthiness of the borrower, and the overall interest rate scenario. However, in this question, the correct answer is given as option 'A' which is 0.12.
Reasoning:
Unfortunately, the question does not provide any specific information or context to determine the exact interest rate on Three months ICD. The answer given in option 'A' (0.12) seems to be a specific interest rate that has been provided by the source of the question. Without any further information, it is not possible to determine the reason behind this specific interest rate.
Conclusion:
In conclusion, the correct answer to the question depends on the specific information provided by the source of the question. Without any additional context or reasoning, it is not possible to determine the exact interest rate on Three months ICD.
Inter Corporate Deposit (ICD):
Inter Corporate Deposit (ICD) is a short-term borrowing instrument issued by one corporate to another corporate. It is a type of unsecured loan that helps companies raise funds for a short period of time.
Three months ICD:
Three months ICD refers to an inter corporate deposit that has a maturity period of three months. It means that the borrower will repay the principal amount along with the interest after three months from the date of borrowing.
Interest Rate on Three months ICD:
The interest rate on Three months ICD may vary depending on various factors such as prevailing market conditions, creditworthiness of the borrower, and the overall interest rate scenario. However, in this question, the correct answer is given as option 'A' which is 0.12.
Reasoning:
Unfortunately, the question does not provide any specific information or context to determine the exact interest rate on Three months ICD. The answer given in option 'A' (0.12) seems to be a specific interest rate that has been provided by the source of the question. Without any further information, it is not possible to determine the reason behind this specific interest rate.
Conclusion:
In conclusion, the correct answer to the question depends on the specific information provided by the source of the question. Without any additional context or reasoning, it is not possible to determine the exact interest rate on Three months ICD.
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The interest rate on Three months Inter Corporate deposit isa)0.12b)0.15c)0.1d)0.2Correct answer is option 'A'. Can you explain this answer? for Commerce 2025 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about The interest rate on Three months Inter Corporate deposit isa)0.12b)0.15c)0.1d)0.2Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for Commerce 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The interest rate on Three months Inter Corporate deposit isa)0.12b)0.15c)0.1d)0.2Correct answer is option 'A'. Can you explain this answer?.
The interest rate on Three months Inter Corporate deposit isa)0.12b)0.15c)0.1d)0.2Correct answer is option 'A'. Can you explain this answer? for Commerce 2025 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about The interest rate on Three months Inter Corporate deposit isa)0.12b)0.15c)0.1d)0.2Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for Commerce 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The interest rate on Three months Inter Corporate deposit isa)0.12b)0.15c)0.1d)0.2Correct answer is option 'A'. Can you explain this answer?.
Solutions for The interest rate on Three months Inter Corporate deposit isa)0.12b)0.15c)0.1d)0.2Correct answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for Commerce.
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