The minimum investment of recurring deposit varies---------.

Related MCQs

• A fixed deposit is meant for those investors who want to deposit a ----------- of money for a fixed deposit.
• Creation of derivative deposit out of the money from primary deposit is called---------------------
• A kind of deposit where depositor is required to deposit a fixed amount at regular intervalfor a specific period is
• A kind of deposit where depositor is required to deposit a fixed amount at regular interval for a specific period is
• ___________is a kind of deposit where depositor is required to deposit a fixed amount of money every month for a specific period of time
• In recurring deposits,
• The minimum period for which a commercial bank can accept term deposit is ----------.
• Deposits mobilised by the banks are utilised for: i. loans and advances ii. investment in government and other approved securities in fulfilment of liquidity stipulation iii. investment in commercial paper, shares, debentures up to stipulated ceilings
• Demand deposit also known as ---------------- .
• Commercial banks to expand deposit through expanding their loans and advances is known as--------.