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.