Thsuhar opens a recurring deposit account with a bank and deposits Rs. 500 per month for `1(1)/(2)` years. If he receives Rs. 570 as interest, then find the rate of interest offered by the bank.
i. (a) Current
ii. (a) financial
iii. (a) Board of Directors
iv. (a) Board
v. (a) Current
vi. (a) Pay-in-slip
vii. (a) Primary
viii. (a) Fixed
ix. (a) Savings
x. (a) Current
xi. (a) Fixed
i. Accepting deposits is the primary function of Banks.
ii. Businessman opens Current Account.
iii. Under an overdraft facility, a businessman/account holder can overdraw from his account.