Question

1. What is public deposit?
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Answer 1

Explanation:

The deposits that are raised by organisations directly from the public are known as public deposits. Rates offered on public deposits are higher than of bank deposits. ... Public deposits cater to both short term and medium term finance requirements.

Answer 2

Answer:

$\huge \bold \green {ANSWER}$

The deposits that are raised by organisations directly from the public are known as public deposits. Rates offered on public deposits are higher than of bank deposits. ... Public deposits cater to both short term and medium term finance requirements