The account where large number of transactions can take place in a day is recurring deposit account savings bank account term or fixed deposit account current account
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current account is the account where large number of transaction can take place in a day
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- In 1991, as an immediate measure to resolve the balance of payments crisis, the rupee was devalued against foreign currencies. This led to an increase in the inflow of foreign exchange. It also set the tone to free the determination of rupee value in the foreign exchange market from government control
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