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A fixed deposit is a type of deposit in which a sum of money is locked for a fixed period of time. However, the tenure for the fixed deposit is decided by the person who invests his funds. This tenure could be anywhere from a few days to several years. In return for locking in these funds, fixed deposits pay the depositor a fixed rate of interest. Once the term comes to maturity, the account holder or depositor receives the invested principal sum with maturity interest.
A fixed deposit is one of the most popular investment avenues in India, particularly among risk-averse middle-class investors. How does fixed deposit work? Let’s take a look.
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Online games are engaging and they require higher order thinking, problem solving and persistence.
On the positive side, online games can enhance creative thinking and teamwork skills. They can also provide entertainment and serve as a platform for business opportunities.
Across the world, 69% of players agree video games build problem-solving, cognitive and teamwork and collaboration skills
Read moreNon-operating income is the portion of an organization's income that is derived from activities not related to its core business operations. It can include dividend income, profits or losses from investments, as well as gains or losses incurred by foreign exchange and asset write-downs.
Investment income, gains or losses from foreign exchange, as well as sales of assets, writedown of assets, interest income are all examples of non-operating income items.
They provide quick access to funds for emergencies or planned expenses without requiring collateral. Interest rates are competitive, and approval processes are streamlined. Personal loans also help improve credit scores when repaid on time. Flexible repayment options make them popular for diverse financial needs.
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Read MoreDolor et eos labore stet justo sed est sed sed sed dolor stet amet
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