Vidyalelo
Banking Awareness · Q353

Banking Awareness MCQs for Banking exams, IBPS, SBI

Banking Awareness · Banking Awareness · question 353

Q353

Banks usually collect penal rate of interest on ____ for the premature withdrawal of fixed deposits?

A.
Principal
B.
Rate of interest
Answer
C.
Minimum deposit amount
D.
Maturity amount

Answer: Option B

Solution

Answer: Option B
No explanation is given for this question Let's Discuss on Board