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Give Reason Or Explain the Following Statement: Saving Account Deposits Are Usually Opened by Salaried Class. - Economics

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प्रश्न

Give reason or explain the following statement:

Saving account deposits are usually opened by salaried class. 

संक्षेप में उत्तर
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उत्तर

Saving account deposits are usually opened by salaried class.

Explanation: Savings account is generally opened by salaried people. This account can be opened with a small amount and it helps the people to save their extra income. The amount from this account can be withdrawn anytime subject to some limitation. Banks also provide some interest on these deposits.

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अध्याय 12: Commercial Banking - Exercise 2 [पृष्ठ ११०]

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मायकल वाझ Economics [English] 12 Standard HSC
अध्याय 12 Commercial Banking
Exercise 2 | Q 2.3 | पृष्ठ ११०
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