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Money kept in current and savings accounts is called a bank's:
ACASA deposit
BTerm deposit
CHigh cost deposit
DGilt account
Answer & Solution
Correct answer: A. CASA deposit
1. CA is current account, SA is savings account.
2. Together they are CASA.
3. These are low cost deposits for the bank.
_Source: Reserve Bank of India, Glossary (rbi.org.in)._
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