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Which of the following pairs is correctly matched?

easy Q13 of 15
Banking Awareness - Types Of Bank Accounts
Which of the following pairs is correctly matched?
ACurrent Account – Time Deposit
BRecurring Deposit – Demand Deposit
CFixed Deposit – Time Deposit
DSavings Account – Time Deposit
Step-by-Step Solution

  1. Step 1: Recall examples of time deposits.

    Time deposits include FD and RD.

  2. Step 2: Check each pair.

    Fixed Deposit is correctly classified as a time deposit.

  3. Final Answer:

    Fixed Deposit – Time Deposit → Option C

  4. Quick Check:

    FD always falls under time deposits ✅
Quick Trick: FD and RD are always time deposits.
Common Mistakes:
  • Placing savings account under time deposits.
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