Question

Which of the following is correct ?

1. Interest is paid on both savings account and current account.
2. Normally no interest is paid on current deposit accounts.
3. Savings deposits are same as current deposits.
4. No interest is paid on any account.
5. Interest paid on current accounts is same as fixed term deposits.

• A. 1, 2 correct
• B. 2 only correct
• C. 2, 4 correct
• D. 4, 5 correct

Answer 1

Answer:

B. 2 only correct

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