We can't withdraw money from a fixed deposit account.

True

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False

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Solution

The correct option is A
True

In Fixed Deposit you can make one time FIXED deposit for a FIXED duration, and you are not allowed to withdraw the money during that duration. Banks provide more interest in fixed deposit as compared to savings bank account.

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Similar questions

We can withdraw money from a Recurring Deposit Account.

We can withdraw or deposit money in which of the following accounts on regular or irregular intervals?

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