Business Studies, asked by spsirsa07gmailcom, 3 months ago

The source of finance in which funds are raised by the company directly from the

general public in the form of deposits are known as_______.
< PUBLIC DEPOSIT >​

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Answered by devroy26780
11

Answer:

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Public Deposits The deposits that are raised by organizations directly from the public are known as public deposits. Rates of interest offered on public deposits are usually higher than that offered on bank deposits.

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