GK
BANKING AWARENESS AND SEBI
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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In that sort of account, banks in all don’t compensate interest-
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Saving Account
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Current Account
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Fixed Deposit Account
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Interest is regularly upon credit in all sorts of account
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Explanation:
Detailed explanation-1: -A Current account can be opened in most of the commercial banks. A current account being a zero-account, is generally associated with huge transactions on a regular basis. Because of the fluidity that these accounts offer, they don’t earn any interest.
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