Which among the following accounts deposit fetch the highest rate of interest?
A. Savings deposit
B. Recurring deposit
C. Fixed deposit
D. Current account deposit
Answer: Option C
Join The Discussion
Comments ( 1 )
Related Questions on Banking Awareness miscellaneous
A. Bombay Stock Exchange
B. Delhi Stock Exchange
C. Calcutta Stock Exchange
D. Bangalore Stock Exchange
Which of the following is not a function of General Insurance?
A. Cattle Insurance
B. Crop Insurance
C. Fire Insurance
D. Medical Insurance
Liability- side of the balance-sheet comprises:
A. Capital and reserve
B. Long-term liabilities
C. Current liabilities
D. All of the above
because it is long term investment and hence interest rate is high