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Q: What is a deposit substitute operation?
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Which is better recurring deposit or fixed deposit?

Actually both of them have their own benefits and drawbacks. In terms of rate of interest an fixed deposit will give you more interest than a recurring deposit. In terms of ease of operation and opening a recurring deposit is easier because it will need much less contribution and on a regular basis whereas you need to deposit in lumpsum in case of a FD.


Define deposit substitute?

1. it is the replacements of borrowed money in the banks.... arghie gonzales2. the borrowed money should be change..


Advantages of recurring deposit?

In terms of ease of operation and opening a recurring deposit is easier because it will need much less contribution and on a regular basis whereas you need to deposit in lumpsum in case of a FD. But, the rate of interest is less than Fixed Deposits. But it is much easier to use and operate.


What activities are undertaken to ensure that an economically viable mineral exists at the location of a workable deposit?

highly detailed maps were made of the prospective deposit; and costly and sophisticated equipment was brought in to test, dig, develop, work, and maintain the mining operation


What are the various operation in bank?

deposit,drawing money,withdraw,dd,check the current balance,ask for details,crete ATM cards etc


How do you evaluate a math expression?

The evaluate a algebraic math expression you first must substitute a number for each variable. Then you must perform the operation in the correct order.


How is simple interest calculated in banks?

They use the below formula: Interest per year = p * n * r / 100 P - amount you deposit N - number of years R - rate of interest If you substitute the numbers corresponding to the amount that you deposit, the number of years and rate of interest, you can get the actual interest amount


Highest Interest in which deposit - recurring deposit or fixed deposit?

how to calculate Recurring deposit interest ?


What is the inverse operation multiplying by 25?

The inverse of multiplication is division. y = 25x Substitute y for x and x for y to determine the inverse: x = 25y y = x/25


What are some common deposit services?

Some common deposit services are direct deposit, bank by mail, night deposit, and remote deposit capture.


Deposit in a sentence?

he went to deposit his money in the bank he had to deposit 20 dollars


What is the disadvantages of fixed deposit?

what is the disadvantages of fixed deposit