Question

Multiple Choice Question:

Public deposits are deposits that are raised directly from

पर्याय

• The public

• The directors

• The auditors

• The owners

Answer 1

Public deposits are raised directly from the public. These deposits are generally issued by organisations to finance their short-term and medium-term requirements of funds. The rate of returns on such deposits is generally higher than the returns on bank deposits.

Hence, the correct answer is option The public.