Deposits mobilised by the banks are utilised for:i.loans and advancesii.investment in government and other approved securities in fulfilment of liquidity stipulationiii.investment in commercial paper, shares, debentures up to stipulated ceilings
A) only (i)
B) both (ii) and (iii)
C) All the above
D) None of the above
Correct Answer:
Verified
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A)Saving account
B)Fixed account
C)Current
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A)current a/c only
B)savings
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