Question : Which of the following is not a type of bank account?
Option 1: Savings account
Option 2: Demat account
Option 3: Credit account
Option 4: Current account
Answer (1)
17th Jan, 2024
Correct Answer: Credit account
Solution : The correct answer is (c). Credit account
Credit account is not a recognized term for a type of bank account. "Credit" typically refers to borrowing or the extension of credit by a bank or financial institution to a customer in the form of a loan or credit facility.
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