draw. 3) Tina deposited a lumpsum amount of 50,000 in the bank for a period of one year, ARC bank provides d-mat facility. safe
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Fixed deposit
Explanation:
Fixed deposit refer to a lumpsum amount deposited by the customer for a specified period of time.
2) hence this illustration relates to the concept of FIXED DEPOSIT as tina deposited lumpsum amount of 50,000 in a bank for period of one year
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