Q261
Which of the following statement/s is/are true about Basic Savings Bank Deposit Account?
A.
This is special type of bank account only Micro finance institutes can open
B.
Only BPLs and self-help groups can apply for it
C.
They get higher interest rate than (regular) savings account
D.
It was earlier called "No frills account"
AnswerAnswer: Option D
Solution
Answer: Option D
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