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InterviewSolution
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State whether the following statement is True or False. The saving bank deposit can be opened with a small amount.OptionsTrueFalse |
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Answer» The savings bank deposit can be opened with a small amount. – True Explanation: The above statement is true. A savings bank deposit can be opened with a small amount as specified by the banks. These accounts are generally opened by salaried people who wish to save a proportion of their income. A nominal amount of interest is paid on these deposits. |
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