MCQOPTIONS
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| 1. |
In case of FCNR (2) Scheme, the period for fixed deposits is |
| A. | as applicable to resident accounts |
| B. | for terms not less than 1 year and not more than 5 years |
| C. | for terms not less than 2 years and not more than 6 years |
| D. | at the discretion of the bank |
| E. | None of the above |
| Answer» C. for terms not less than 2 years and not more than 6 years | |