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Prosenjit shaw

· started a discussion

· 1 Months ago

Wrong answer (Question: 151526.0 )

sir option is different and detailing is differnt

Question:

What is the minimum amount for Certificate of Deposit in India?

Options:
A)

Rs. 50,000

B)

Rs. 1 lakh

C)

Rs. 1.5 lakh

D)

Rs. 2 lakh

Solution:

Certificate of Deposit can be issued to individuals, corporations, companies, trusts, funds, associations, NRIs etc. The minimum amount from a single subscriber has been fixed at Rs. 1 lakh  

Knowledge Expert

· commented

· 1 Months ago

Dear student
We have fixed it.
Option (b) is the correct answer.

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