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प्रश्न
What are the features of Certificate of Deposit?
टिप्पणी लिखिए
उत्तर
- Document of title to time deposit
- It is unsecured negotiable instruments
- It is freely transferable by endorsement and delivery
- It is issued at discount to face value
- It is repayable on a fixed date without grace days
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Money Market Instruments
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