A _______ encourages savings habit among salary earners as well as the ones who have fixed income.
A
saving account
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
B
fixed account
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
recurring account
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
current account
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution
The correct option is A saving account Savings account, as the name says pretty clearly, encourages a saving habit among the account holder, especially those with fixed salary income.