Savings Deposit

Q. refers to the deposit scheme in which the customer enjoys no restriction on the withdrawal of money.

1. SIP
2. Fixed deposit
3. Recurring deposit
4. Savings deposit

Q. Businesspersons tend to use savings deposits to facilitate frequent transactions.

1. False
2. True

Q. Which of the following refers to the deposit scheme in which the customer enjoys no restriction on the withdrawal of money?

1. Current deposit
2. Fixed deposit
3. Recurring deposit
4. Savings deposit