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Complete the sentences :

(i) The facility given by the bank to draw more money than the actual balance in the credit is called _________

(ii) A deposit which is kept for a fixed period in a bank is a _________

(iii) A type of bank account which is generally opened by a businessman for his business transactions is a _________

(iv) A type of account in which the interest is paid at higher rate is a ________

1 Answer

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Best answer

(i) Overdraft facility

(ii) Fixed Deposit

(iii) Current account

(iv) Fixed Deposit Account

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