Question

A fixed deposit may be kept for a minimum
period of
A. 30 days
B. 90 days
C. 45 days
D. 60 days​

Answer 1

Answer:

I think that is 30 days is minimum

mark as brainly please

Answer 2

A fixed deposit can be kept for a minimum period of 30 days.

Option: A

Explanation:

• The fixed deposits are also called the term deposit. The money is deposited in a bank for a fixed time period or term which is pre-determined.  

• It is the investment of people that they deposit in the bank as a financial instrument for which they get a return of a fixed rate of interest for the amount that is deposited by them.  

• If the fixed deposit is withdrawn prematurely before the maturity date of the fixed term, then a penalty is levied by the bank. The penalty differs from one bank to another.