BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The securities that the Banks purchase with the intention of keeping them till they mature, fall in which of the following categories?
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Held till maturity
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Fixed securities
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Fixed time securities
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Permanent securities
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Explanation:
Detailed explanation-1: -Key Takeaways. Held-to-maturity (HTM) securities are purchased to be owned until maturity.
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