Which among the following is / are examples of Recurring deposit?

Which among the following is / are examples of Recurring deposit?
1. Home safe account
2. Sickness deposit account
3. Home construction deposit scheme
Select the correct option from the codes given below:
[A]Only 1 & 2
[B]Only 2 & 3
[C]Only 1 & 3
[D]1, 2 & 3

1, 2 & 3
The account in which the fixed amount has to deposit over a fixed interval of time is called recurring deposit account.

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This question "Which among the following is / are examples of Recurring deposit?" was published on GKToday on May 19, 2015 at 3:32 pm. For Current Affairs Questions Archive Click Here. For General Knowledge Questions Archive Click Here.

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