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  9. Q204

NABARD Grade A (Assistant Manager) 2024 · Question 204 of 230

Q4. A Certificate of Deposit (CD) issued by a Scheduled Commercial Bank is an unsecured money market instrument. What is the maximum maturity period allowed from the date of issue?

Banking - Money Market

  1. AA. Six months
  2. BB. Three years
  3. CC. Three months
  4. DD. One yearCorrect
  5. EE. None of the above

Answer: D. D. One year

Official answer key verified. Detailed explanation coming soon.

Source: NABARD Grade A 2024 PYQ ebook - Phase 1 & Phase 2 (Oliveboard) · memory-based

← Q203View full paper (230 questions)Q205 →

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