How often does a negotiable certificate of deposit with a one-year term pay interest?

Money Markets MCQs for PPSC, FPSC, NTS, and Pakistan government job tests. Select an option below, then read the explanation.

PPSCFPSCNTSPakistan govt jobs
Subject
Money Marketsfinance-mcqs › money-markets
Published
12 May 2023
Last updated
28 May 2026

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Choose the correct answer

Explanation

A negotiable certificate of deposit with a maturity of one year typically disburses interest annually. Therefore, the correct answer is 'Once per year.' The other options such as semiannual, monthly, or biweekly payments do not apply to this type of certificate.

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