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Commerce · Q306

Insurance

Graduate and Post Graduate · Commerce · question 306

Q306

Bank deposit addresses which type of need?

A.
Uncertainties
B.
Wealth creation
C.
Savings
Answer
D.
Contingencies

Answer: Option C

Solution

Answer: Option C
Solution:
Bank deposit addresses Savings. A savings account is an interest-bearing deposit account held at a bank or other financial institution that provides a modest interest rate.