Question

Match the following:

1	Savings account	P	For a fixed time period
2	Current account	Q	Deposited at an equal time period
3	Recurring account	R	No interest is paid
4	Fixed deposit	S	Nominal restriction in no. of withdrawals

Options

• 1(S) 2(R) 3(Q) 4(P)

• 1(S) 2(P) 3(Q) 4(R)

• 1(Q) 2(S) 3(R) 4(P)

• 1(P) 2(R) 3(S) 4(Q)

Answer 1

1(S) 2(R) 3(Q) 4(P)

Explanation:

1	Savings account	S	Nominal restriction in no. of withdrawals
2	Current account	R	No interest is paid
3	Recurring account	Q	Deposited at an equal time period
4	Fixed deposit	P	For a fixed time period