Economy, asked by Lavanyachaudhary1984, 6 months ago

Fixed Deposit account is also known as ___________ deposit account.

Answers

Answered by Anonymous

Answer:

A fixed deposit (FD) is a financial instrument provided by banks or NBFCs which provides investors a higher rate of interest than a regular savings account, until the given maturity date.

Answered by akshatsingh2376

Explanation:

A fixed deposit (FD) is a financial instrument provided by banks or NBFCs which provides investors a higher rate of interest than a regular savings account, until the given maturity date.

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