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    Question

    Savings account mainly targets:

    A Corporate customers Correct Answer Incorrect Answer
    B Retail individuals Correct Answer Incorrect Answer
    C Exporters Correct Answer Incorrect Answer
    D Large industries Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    Detailed Concept Explanation Savings accounts are designed mainly for retail individual customers to:

    • Encourage savings
    • Enable routine transactions
    Why other options are NOT correct
    • Corporate / exporters / industries: Use current accounts or specialised accounts

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