CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Leo is shifting to a new city. Suggest a way for him to safely take all his money.

A
Keep the money in a piggy bank
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
Keep the money in cartons
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
Keep the money in bank as deposit
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
D
Spend the money before travelling
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is C Keep the money in bank as deposit
Carrying money in its physical form is seldom safe. Spending the money does not help either. However, depositing the money in bank will offer an option of safeguarding the money. In addition, the bank will offer interest for the money deposited. Also, Leo will have access the money he deposits.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Banks
ECONOMICS
Watch in App
Join BYJU'S Learning Program
CrossIcon