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प्रश्न
Identify and explain the concept from the given illustration:
Sara deposited a lump sum amount of ₹25,000 in the State Bank of India for a period of one year.
टीपा लिहा
उत्तर
- Identified concept: Fixed deposit
- Explanation of concept: A fixed deposit is a sort of time deposit in which the saver deposits a particular amount in the form of a deposit in a commercial bank for a set period of time and can withdraw the amount after that period.
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