Explain the followings:
(a) Saving Bank Account
(b) RTGS
(c) NEFT
(d) MOU
(e) Fixed Deposit Account.
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Answered by
1
Answer:
a
A savings account is an interest-bearing deposit account held at a bank or other financial institution. Though these accounts typically pay a modest interest rate, their safety and reliability make them a great option for parking cash you want available for short-term needs.
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Answer:
(e) Fixed Deposit Account
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