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Commerce - CBSE UGC NET Previous Years Solved Question with Answers Paper II, June 2013

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
[D] 1.5% over the Saving Rate

Answer & Explanation

Answer: Option [C]

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