Q.

What is the minimum amount at which Certificate of Deposit can be issued?

A. The minimum amount for Commercial Papers is 5 lakhs.
B. The minimum amount for Commercial Papers is 5 Crores.
C. The minimum amount for Commercial Papers is 1 lakh.
D. The minimum amount for Commercial Papers is 1 Crore.
Answer» C. The minimum amount for Commercial Papers is 1 lakh.
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