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GK
GK Set-1
Economics
Banking System
180
Banking System MCQ (GK Set-1) with Answers
180)
What is the term used for a deposit with a bank that locks up money for a certain period but also provides an option of premature withdrawal which may attract a penalty?
Savings bank deposit
Term deposit
Recurring deposit
Current deposit
Answer is:
Term deposit
Banking System MCQ (GK Set-1) with Answers
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Related Banking System MCQ (GK Set-1) with Answers
Banking System MCQ (GK Set-1) with Answers
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