Question

    Which of the following statements is true? 1)

    Interest is paid on both current as well as savings deposit account. 2) Interest is paid on only current deposit account. 3)No interest is paid on both current as well as savings deposit account. 4) Interest is paid on only savings deposit account. 5)None is true.
    A 1 Correct Answer Incorrect Answer
    B 2 Correct Answer Incorrect Answer
    C 3 Correct Answer Incorrect Answer
    D 4 Correct Answer Incorrect Answer
    E 5 Correct Answer Incorrect Answer

    Solution

    The correct answer is D

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