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Commerce · Q510

Banking and Financial Institutions

Graduate and Post Graduate · Commerce · question 510

Q510

Interest earned by a depositor against a deposit with a commercial bank for custodial service

A.
is a fund based income
Answer
B.
is a fee based income
C.
is a combination of fund and fee based gain
D.
is a commitment based gain

Answer: Option A

Solution

Answer: Option A
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