Discussion :: Banking Awareness
- Which of the following is a correct statement ?
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A.
Normally no interest is paid on current deposit accounts. |
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B.
Interest is paid on current accounts at the same rate as term deposit accounts. |
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C.
The rate of interest on current account and savings account are the same. |
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D.
No interest is paid on any deposit by the bank. |
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Answer : Option A
Explanation :
Explanation Not Provided
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