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Deposits that can be withdrawn at any time without prior notice are in a:
ACurrent account
BFixed account
CSavings account
DLoan account
Answer & Solution
Correct answer: A. Current account
1. Savings accounts carry restrictions.
2. Fixed deposits are time deposits.
3. Current account deposits are freely withdrawable.
_Source: NCERT Class 11 Business Studies, Chapter 4, Business Services._
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