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Sports GK Questions and Answers 2024 (Latest Updated)

Awards & Honours GK Questions 2024 (Latest Updated)

Question

Which of the following is correct statement?

A 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 accounts and savings accounts are the same
D No interest is paid on any deposit by the bank

Answer & Explanation

Answer: [No interest is paid on current deposit accounts]

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