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Question

For which of the following accounts does the bank issue a passbook and, on demand cheque book?

A
Current account
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B
Savings account
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C
Recurring Deposit Account
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D
Fixed deposit account
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Solution

The correct options are
A Current account
B Savings account
C Recurring Deposit Account
For Savings, Current and Recurring deposit accounts the bank issue a passbook and on demand cheque book.

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