In case of FCNR ( 2 ) Scheme, the period forfxed deposits is



[ A ]    as applicable to resident accounts
[ B ]    for terms not less than 1 year and notmore than 5 years right
[ C ]    for terms not less than 2 years and notmore than 6 years
[ D ]    at the discretion of the bank
[ E ]    None of the above
Answer : Option B
Explanation :
500
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