Banking Awareness Test for IBPS, RBI, SBI, NABARD & other Bank Examinations

Q.  An EEFC account can be held only in the form of which of the following?

a. Savings Bank Account
b. Deposit Account
c. Current Account
d. None of the Above


ANSWER: See Answer
 
An EEFC account can be held only in the form of a current account. No interest is payable on EEFC accounts.
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