What is the maximum period for which company can accept Public Deposits?

CA Intermediate · Financial Management and Strategic Management · MTP · May 2024
What is the maximum period for which company can accept Public Deposits?
(A) 1 year
(B) 6 months
(C) 3 years
(D) 5 years

Suggested Answer and Working Notes:

Correct Answer: Option (C)

3 years

Topics: Part-A: Financial Management

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