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Which of the following is correct statement ?
Normally no interest is paid on current deposit accounts
Interest is paid on current accounts at the same rate as term deposit accounts
The rate of interest on current accounts and savings account are the same
No interest is paid on any deposit by the bank
Savings deposits are the same as current deposits
Normally no interest is paid on current deposit accounts
Interest is paid on current accounts at the same rate as term deposit accounts
The rate of interest on current accounts and savings account are the same
No interest is paid on any deposit by the bank
Savings deposits are the same as current deposits
Solution
Normally no interest is paid on current deposit accounts
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