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BANKING AND MONETARY POLICY — Economics STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceEconomicsBANKING AND MONETARY POLICY2 Marks
Question
What do you mean by recurring deposit?
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Answer

The facility provided by the banks wherein, the people who have regular incomes can deposit a fixed amount every month in their account and earn interest on the accumulated amount is called …….

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