Banking Marketing Aptitude Banking System Question Bank Banking

  • question_answer 5) Which of the following is a correct statement?

    A)  Normally no interest is paid on current deposit accounts

    B)        Interest is paid on current accounts at the same rate as term deposit accounts

    C)        The rate of interest on current account and savings account are the same

    D)        No interest is paid on any deposit by the bank

    E)        Saving deposits are the same as current deposits  

    Correct Answer: A

    Solution :

    Not Available

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