Types of Investments and Understanding Profitability
The money dep...
Question
The money deposited in this account can not be withdrawn before the expiry of period is called
A
current deposit account
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B
savings deposit account
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C
recurring deposit account
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D
fixed deposit account
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Solution
The correct option is D fixed deposit account The money deposited in this account can not be withdrawn before the expiry of period is called fixed deposit account.