Advertisements
Advertisements
प्रश्न
Identify and explain the following concept:
Madhuri deposited a lumpsum amount of ₹ 1,00,000 in the bank for the period of five years.
स्पष्ट करा
Advertisements
उत्तर
Identified concept: Fixed deposit.
Explanation:
A fixed deposit is a type of deposit where the saver deposits a specific amount in the form of a deposit in a commercial bank for a certain period of time and has the option to withdraw the amount from the deposit after a certain amount of time.
shaalaa.com
या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
