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  • Which of the following is considered as Term Deposit?
Multiple choice

Which of the following is considered as Term Deposit?

  1. Reinvestment deposits

  2. Recurring deposits

  3. Saving account

  4. Both (1) & (2)

  5. Demand deposits

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Both reinvestment and recurring deposits are under term deposits.

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