An EEFC account can be held only in the form of which of the following? Options: A . &nbspSavings Bank Account B . &nbspDeposit Account C . &nbspCurrent Account D . &nbspNone of the Above

An EEFC account can be held only in the form of which of the following?

Question - An EEFC account can be held only in the form of which of the following?

Options:

A . Savings Bank Account

B . Deposit Account

C . Current Account

D . None of the Above

Answer: Option C
AN EEFC ACCOUNT CAN BE HELD ONLY IN THE FORM OF A CURRENT ACCOUNT. NO INTEREST IS PAYABLE ON EEFC ACCOUNTS.

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