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Statement: Should there be only one rate of interest for term deposits of varying durations in banks?
Arguments

No. People will refrain from keeping money for longer duration resulting into reduction of liquidity level of banks.
Yes. This will be much simple for the common people and they may be encouraged to keep more money in banks

🗓 Dec 19, 2021

Answer is "Only argument I is strong"

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Kimberly 🌐 India
Thank you so much for the answer
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Sierra 🌐 India
hmm, where is the explanation
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