Social Sciences, asked by PragyaTbia, 11 months ago

The deposits for a fixed term can be deposited in ............... account. Fill in the blank.

Answers

Answered by Anonymous
8
Heya Mate !!!

Here's Your Answer :-


=> The deposits for a fixed term can be deposited in respective account.


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Answered by MotiSani
1

Answer:

The correct answer for the blank will be fixed deposit account.

Explanation:

For depositing an amount in the bank for a fixed period of time, a fixed deposit account is used by the customer of a bank.

The use of fixed deposit account is prevalent for such use because when an amount is deposited in a fixed deposit amount, the bank provides some interest on the amount deposited, based on the term and the amount deposited.

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