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


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