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Order the discount as a bond matures

Exercise and reference answers

Steps
  1. Four to five years left, 20 pc
  2. Three to four years left, 40 pc
  3. Two to three years left, 60 pc
  4. One to two years left, 80 pc
  5. Under one year left, 100 pc
Instructions
Tap the steps from the earliest year to the last.

Explanation

_Source: RBI Master Circular, Prudential Norms on Capital Adequacy, Primary (Urban) Co-operative Banks_
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