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Question : Which of the following are non-chequeable deposits?
 

Option 1: Current deposits
 

Option 2: Fixed deposits
 

Option 3: Savings deposits 
 

Option 4: None of the above 
 


Team Careers360 11th Jan, 2024
Answer (1)
Team Careers360 20th Jan, 2024

Correct Answer: Fixed deposits
 


Solution : Fixed deposits are non-chequeable deposits. They carry interest which varies directly with the period of time.
Hence Option B is correct.

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