Maharashtra State BoardHSC Commerce 12th Board Exam
Advertisement Remove all ads

Select the Proper Option from the Options Given Below and Rewrite the Completed Sentences. the Account Suitable for Creating a Saving Habit is ________. - Organisation of Commerce and Management


Select the proper option from the options given below and rewrite the completed sentence.
The account suitable for creating a saving habit is ________.


  • Current account

  • Recurring deposit account

  • Saving account

Advertisement Remove all ads


The account suitable for creating saving habit is savings account.
A savings account is an account that caters to the needs of those individuals who wish to save a part of their incomes and earn interest on the amount saved. As this account does not allow customers to make frequent withdrawals from their accounts, it promotes the habit of saving among them.

Concept: Meaning of Business Services
  Is there an error in this question or solution?
Advertisement Remove all ads


Micheal Vaz Organisation of Commerce and Management (OCM) HSC 12th Standard Maharashtra State Board
Chapter 2 Business Services
Select the proper option | Q 2 | Page 81
Advertisement Remove all ads
Advertisement Remove all ads

View all notifications

      Forgot password?
View in app×