TIME DEPOSIT IS THE SAME THING AS

• A. bank rate
• B. current account
• C. demand deposited
• D. fixed deposit ✓
• E. saving account

The answer to the question is: D. fixed deposit

A time deposit, also known as a fixed deposit or a term deposit or certificate of deposit (CD) , is a type of savings account offered by banks and financial institutions where funds are deposited for a specific period of time at a fixed interest rate. Time deposits typically have higher interest rates compared to regular savings accounts, but they also come with restrictions on when funds can be withdrawn without penalty. Time deposits are considered to be low-risk investments as they are insured by the government up to a certain limit.