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प्रश्न
What are banks not allowed to do with Certificates of Deposit?
पर्याय
Issue them to individuals, companies and corporations
Issue these instruments
Use them in times of tight liquidity
Discount these instruments
MCQ
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उत्तर
Banks are not allowed to discount Certificates of Deposit. This differs from a Commercial Bill, which a seller can discount with a commercial bank before maturity.
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