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Business Studies

Certificate Deposit

is/are issued...

Question

___ is/are issued by commercial banks or developmental financial institutions to individuals, institutions, cooperations, and companies.

A

Certificate of Deposit

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B

Call Money

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C

Commercial Paper

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D

Commercial Bill

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Solution

The correct option is A
Certificate of Deposit

Certificates of deposit are issued by commercial banks or developmental financial institutions to individuals, institutions, cooperations, and companies.

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Q. Statement: "To make the company commercially viable, there is an urgent need to prune the staff strength and borrow money from the financial institutions." - Opinion of a consultant.
Assumptions:
I. The financial institutions lend money for such proposals.
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Directions : Choose the most appropriate assumption.

Statement: To make the company commercially viable, there is an urgent need to prune the staff strength and borrow money from the financial institutions-Opinion of a consultant.
Assumptions:
I. The financial institutions lend money for such proposals.
II. The product of the company has a potential market.
III. The employees of the company are inefficient.

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