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Fixed deposits and recurring deposits are

This question belongs to Banking Awareness Banking Awareness Miscellaneous
Banking Awareness miscellaneous
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Fixed deposits and recurring deposits are:

Answer & Solution
Correct Answer: Option B
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3 Comments
Bijoy Sikdar
Bijoy Sikdar 4 years ago
The given answer is wrong. That will be repayable after an agreed period because on demand accounts are Saving and current rd and fd both comes under term deposit.
Sangeeta Upreti
Sangeeta Upreti 6 years ago
Option A will be correct.Fixed deposit and Reccuring deposits are not payable on demand.Money is deposited in these for a specific period.
Mahesh Ballal
Mahesh Ballal 8 years ago
Wrong ans Fd Rd are the time liability
And CASA are demand liabilities
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