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Start learning 50% faster. Sign in nowA savings account is a deposit account held at a retail bank that pays interest but cannot be used directly as money in the narrow sense of a medium of exchange (for example, by writing a cheque). These accounts let customers set aside a portion of their liquid assets while earning a monetary return. The other major types of deposit accounts are the transactional account (usually known as a "checking" (US) or "current" (UK) account), money market account and time deposit.
Which of the following committees examined and suggested the financial sector reforms?
During periods of inflation, tax rates should
India is not part of which of the following?
Which organization regulates mutual funds and stock markets in India?
Who presented the first budget of independent India?
National Income is the
Consider the following statements about Cess:
I) Cess is not a permanent source of revenue for the government.
II) Cess can be imposed on ...
Which of the following is called as the National Income?
The Twenty-Point Programme was first launched by
Which country is a member of only one of the following organizations SAARC or BIMSTEC?