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  • NBFC is allowed to accept term deposits with minimum peri...
Multiple choice

NBFC is allowed to accept term deposits with minimum period of 12 months and the maximum period of ___________ months.

  1. 120

  2. 100

  3. 24

  4. 60

  5. None of these

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Yes, NBFC accepts deposits with maximum term of 60 months. 

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