The deposit issued by bank are usually negotiable and have specific maturity date and interest rate, hence it is classified as Options: A . &nbspindirect certificate B . &nbspdirect certificate C . &nbspnegotiable certificate D . &nbspdeposit certificate

The deposit issued by bank are usually negotiable and have specific maturity dat

Question

The deposit issued by bank are usually negotiable and have specific maturity date and interest rate, hence it is classified as

Options:

A . indirect certificate

B . direct certificate

C . negotiable certificate

D . deposit certificate

Answer: Option C
Answer: (c).negotiable certificate

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