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Question

Deposits from _______ account can be withdrawn without any notice.

A
saving
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B
current
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C
fixed
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D
recurring
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Solution

The correct option is B current
Current deposit account is a type of bank account which is opened by the people in order to do business transaction which is why it is also known as business account. In this type of bank account, withdrawals can be made throughout the tenure of the account without any notice in order to keep the efficient flow of business transactions so that there is no delay in business decisions.

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