Accountancy, asked by rishavkumaragarwal7, 8 months ago

Please say me answer for thia we will get 100 points​

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Answered by jsailu27
6

Answer:

fixed deposit is the safest way

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sorry for the answer

Answered by shamaskp2005
0

Bank is a safer place

because people take proper measures to ensure that our belongings are safe

1.

Current Deposit refers to a deposit to a bank account or financial institution without a specified maturity date. These types of Current Deposit account generally only earn demand deposit interest.

2.

Saving deposit: A deposit account held with a financial institution that pays interest but does not allow for direct withdrawal through checks. Pays interest at a rate higher than that of checking account but lower than that of treasury bills.

3.

A recurring deposit is a special kind of term deposit offered by banks which help people with regular incomes to deposit a fixed amount every month into their recurring deposit account and earn interest at the rate applicable to fixed deposits

4.

A fixed deposit 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. It may or may not require the creation of a separate account

hope this helps

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