Question

Ankur saves Rs.3,000 every month. Which type of Bank Account he should open with the

bank?

(a) Current Account

(b) PPF Account

(c) Recurring Deposit Account

(d) Saving Account​

Answer 1

Answer:

c

Explanation:

recurring deposit account

Answer 2

Answer:

The answer is c) Recurring Deposit Account

Explanation:

The recurring deposit account is an account in the financial institution or in a put up office where a depositor deposits a preset sum of money every month for a hard and fast term (commonly starting from 12 months to 5 years)

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