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what is meant by SBA ( savings bank account) & FD (fixed
deposit)?
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Answer Posted / ammabali
sba is the account for accumulation of savings. number of
transactionsare limited in a day and rate of interest is
low.
fd is the term deposit for a fixed rate of interest.
interest rate is comparitively high.
| Is This Answer Correct ? | 11 Yes | 1 No |
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