Which of the following words best completes the sentence to make it meaningful? "CDs usually offer higher interest rates, but they are time depos...

Banking IBPS PO Mains Easy Financial Awareness MCQ

Question

Which of the following words best completes the sentence to make it meaningful?

"CDs usually offer higher interest rates, but they are time deposits and have ............... for early withdrawal."

Options

A.

gifts

B.

lucrative

C.

casualties

D.

penalties

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