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Commerce · Q707

Banking and Financial Institutions

Graduate and Post Graduate · Commerce · question 707

Q707

Bonds or debentures issued by Securitization company should bear interest not less than:

A.
Bank Rate
B.
Prime Lending Rate
C.
1.5% over the Bank Rate
Answer
D.
1.5% over the Saving Rate

Answer: Option C

Solution

Answer: Option C
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