What is the deposit rate?

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Economics · Indian Economy

What is the deposit rate?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

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The rate of interest paid by banks on fixed deposits of customers.

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Answer 1

The rate of interest paid by banks on fixed deposits of customers.

Answer 2

The rate at which banks lend to customers.

Answer 3

The rate of gold purchase.

Answer 4

The foreign currency exchange rate.

What is the deposit rate?

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