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  • Business Studies Class XII OnlineTest
  • In which type of account Highest interest is paid:
Multiple choice

In which type of account Highest interest is paid:

  1. Fixed deposit

  2. Saving account

  3. Current account

  4. Recurring deposit account

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

Fixed deposit accounts generally offer the highest interest rates because the money is locked in for a specific tenure, allowing the bank to use it for longer-term investments.

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