Business Studies, asked by Nandakerkar08, 7 months ago

In which kind of account the bank gives maximum rate of interest on the deposited amount?
a) current account
b) recurring account
c) fixed deposit account
d) saving account ​

Answers

Answered by manjirimusale90511
2

Answer:

A fixed deposit is the simplest form of financial investment.

You can create a fixed deposit with a bank or NBFC (Non-Banking Financial Institution) as per your convenience.

The rate of interest paid on fd interest rates is higher than the interest paid on savings bank account.

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