CameraIcon

SearchIcon

MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

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

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

B

Call Money

No worries! We‘ve got your back. Try BYJU‘S free classes today!

C

Commercial Paper

No worries! We‘ve got your back. Try BYJU‘S free classes today!

D

Commercial Bill

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

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.

Suggest Corrections

thumbs-up

0

Similar questions

Q. Companies may issue the debentures as security against loans taken from banks/financial institutions as _______.

Q. A commercial bank is a financial institution which provides __________.

Q. The International Bank for Reconstruction and Development (IBRD) is an international financial institutions that offer loans to-

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.
II. The product of the company has a potential market.
III. The employees of the company are inefficient.

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.

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Certificate Deposit

BUSINESS STUDIES

Watch in App

explore_more_icon

Explore more

Certificate Deposit

Standard XII Business Studies

Join BYJU'S Learning Program

CrossIcon