Economy, asked by vamsisudha5813, 11 months ago

The saving bank deposit can be opened with a small amount. (State whether the statement is TRUE or FALSE)

Answers

Answered by CaptainSiddiquee
1
This statement is True .
Answered by Anonymous
2

Answer:

True

Explanation:

The saving bank deposit can be opened with a small amount - True

A savings bank deposit, as indicated by banks, can be opened with a tiny quantity. Generally, these accounts are opened by the wage individuals who want to save a percentage of their revenue. These deposits pay a nominal quantity of interest. A savings account is a basic type of bank account that enables an individual to deposit the cash, maintain it secure and withdraw cash anytime while earning interest,

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