Question:
We should keep our Savings with banks because it
We should keep our Savings with banks because it
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Banks offer a combination of security, returns, and liquidity.
Updated On: Nov 7, 2025
- is safe withdrawal
- earns interest
- can be withdrawn any time
- all of these
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The Correct Option is D
Solution and Explanation
Step 1: Banks provide safety for savings through secure storage and insurance, earn interest on deposits, and allow withdrawals on demand (subject to terms).
Step 2: These benefits collectively encourage saving with banks.
Step 3: Therefore, the correct option is (D) all of these.
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