Question

Banks provide a higher rate of interest on which of the following accounts? 1
(a) Saving account
(b) Current account
(c) Fixed deposits for long period
(d) Fixed deposits for very short period
Answer………………………………………………………………………………….

Answer 1

Explanation:

Fixed deposits is an investment and a type of saving account in which money is deposited for a fixed period of time and a fixed rate of interest is paid at the end of time.

Answer 2

Answer:

ur answer is

c)Fixed deposits for long period

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