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  • A combination of the facility of savings and term deposit...
Multiple choice

A combination of the facility of savings and term deposits is known as

  1. unit deposits

  2. flexi deposits

  3. demand and term deposits

  4. none of these

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

Flexi deposits combine the liquidity of a savings account with the higher interest rates of a term (fixed) deposit.

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