Question

You go to a bank for opening a savings account. The manager gives you a better
option than a saving account. In this account, the excess amount exceeding a certain limit
gets automatically transferred into the fixed deposit. The interest earned is more than
a saving account. This account serves the purpose of both the saving account and fixed
deposit. Name the type of bank account opened and discussed.

Answer 1

Explanation:

Rust is an iron oxide, usually red oxide formed by the redox reaction of iron and oxygen in the presence of water or air moisture. Several forms of rust are distinguishable both visually and by spectroscopy, and form under different circumstances. Rust consists of hydrated iron(III) oxides Fe2O3.