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प्रश्न
Identify and explain the concepts from the given illustrations:
Meena deposited a lump sum amount of ₹ 1,50,000 in the bank for a period of one year.
स्पष्ट करा
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उत्तर
Identified concept: Fixed deposit
Explanation of concept: A fixed deposit is a type of investment where a person deposits a specific sum of money in a commercial bank for a predetermined period, and the amount can be withdrawn only after the specified duration.
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