Which of the following are types of bank account?

Current

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Saving

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Credit

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Fixed deposit

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Solution

The correct options are
A Current
B Saving
D Fixed deposit
Current account is mainly for business persons, firms, companies, public enterprises etc and are never used for the purpose of investment or savings.

Savings Account is meant for saving purposes. Any individual either single or jointly can open a savings account.

In Fixed Deposit Account (also known as FD Account), a particular sum of money is deposited in a bank for specific period of time.
A credit card is a type of card issued by the bank for the ease of transaction for buying various items but it is not a type of bank account.

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