The bank provides a locker facility for the safe custody of valuable documents, gold ornaments and other valuable
As it is the general utility function of banks.

Transfer of funds is the secondary function of a bank.

Fixed Deposits (FD) are investment instruments offered by banks and non-banking financial companies, where one can deposit money for a higher rate of interest than savings accounts. One can deposit a lump sum of money in fixed deposits for a specific period, ranging from 7 days to 10 years. 

The bank transfer funds from one branch to another or from one place to another.

The goods with customers are transferred from stock in shop account at Hire purchase price.

Secondary function is a collection of cheques in a bank.
The bank collects the money of the cheques through clearing section of its customers. The bank also collects money of the bills of exchange.

The bank collects the money of the cheques through clearing section of its customers.

In hire purchase system, Purchaser pays the price of the goods in installments. 

Nomination is a facility that enables a fixed deposit account holder to nominate an individual, who can claim the proceeds of the deposit account, post the demise of the original depositor. It is compulsory and doesn't require any permission from the bank.

$\Rightarrow$  You can use a $Savings\, account\,$ to make electronic fund transfer to another account.

Fixed Deposits (FD) are investment instruments offered by banks and non-banking financial companies, where one can deposit money for a higher rate of interest than savings accounts. These deposits, hence, offer the highest rate of interest, ranging from $4$ to $7.25$ percent.

When a certain amount is deposited for a fixed period such as six months, one year or longer. such type of account is fixed deposit account.

In savings account, account holders can make saving deposits where they can deposit and withdraw small or big amount of money whenever they like.

Fixed Deposits (FD) are investment instruments offered by banks and non-banking financial companies, where one can deposit money for a higher rate of interest than savings accounts. One can deposit a lump sum of money in fixed deposits for a specific period, ranging from 7 days to 10 years. 

A fixed deposit amount can be opened for a minimum period is $7$ days.

Savings account, as the name says pretty clearly, encourages a saving habit among the account holder, especially those with fixed salary income.

A depositor earns an income on his money deposits done in savings bank account

$\Rightarrow$   You can use a $savings\,account$ to save your money and earn interest on it at the same time.

In a Fixed deposit account, the time period is fixed at the time of opening the account. 

Saving bank account is maintained by depositors who wish to put away a part of their saving to copy with future needs which also helps them to earn an income on their saving.

In fixed deposit account, the bank provides interest. The rate of interest may vary as per amount, period and bank to bank.

Savings bank account are the accounts opened by depositors with fixed income or salary earners. It helps people with limited income to manage savings and encourage them to save monthly.

In fixed deposit account, the bank provides an interest rate which varies between 4 and 7.25 percent.

If we withdraw some amount from bank account the expense is known as debit.

Hence, the option A is correct.

In India, where most people are able to save lesser amount of money every month, none of them wants to get penalised for not maintaining a defined amount of minimum balance in his/her account by their respective banks. 

Banks do not pay any interest on Current Account Deposits or Demand deposits accounts. Rather, banks impose service charges for running these accounts.

$ Ram's\quad total\quad deposit\quad in\quad 3\quad months\quad is-\ (2x-y+z)+(x+6y+3z)+(x+4z)\ =4x+5y+8z----(a)\ His\quad total\quad withdrawal\quad is-\ (x-y-z)+(x-6y+3z)+2x-3z\ =4x-7y-z----(b)\ \therefore \quad His\quad balance\quad is\quad a-b\ \quad \quad =12y+9z\ \quad \quad =3(4y+3z)\ \ \  $

$Depositing\quad amount=Rs20000,\ Amount\quad after\quad 1\quad year=1.1*20000=Rs22000,\ Amount\quad withdrawn=amount\quad left=0.5*22000=Rs11000\ Amount\quad after\quad 2\quad year=1.1*11000=Rs12100,\ Amount\quad withdrawn=amount\quad left=0.5*12100=Rs6050\ Amount\quad after\quad 3\quad year=1.1*6050=Rs6655,\ Amount\quad withdrawn=amount\quad left=0.5*6655=Rs3327.5\ Total\quad amount\quad withdrawn=Rs3327.5+6050+11000=Rs20377.5 $

Savings are:

The profit on interest charged on the hire purchase should appear in the profit and loss account. when the interest charged in that period only should be included.

The deposit is fixed and is repayable only after a specific period is over is called fixed deposit account.

Overdraft, loans, cash credits and discounting of bill of exchange is an example of primary functions.

Bank allow the prematurity of fixed deposits. Then they usually collect penal of interest on rate of interest for the premature withdrawal of fixed deposits.

Portfolio management is a secondary function of a bank.
The banks also undertakes to purchase and sell the shares and debentures on behalf of the clients and accordingly debits or credits the account. This facility is called portfolio management.

The minimum amount required to open a fixed deposit is  Rs. $1000$.

Savings bank account is used as a short term savings account.

The money deposited in this account can not be withdrawn before the expiry of period is called fixed deposit account.

A saving account is an account in which account holder can earn a modest interest on the money he/she keeps  in a bank or other financial institution. There is no such restrictions on deposits of money. Money can be deposited as well as withdrawn at any time.
Thus, option C is correct.

Option A and B are not correct as these are deposited for certain time period and and  thus there is a restriction to withdraw money before the fixed period..

Option D is not correct as it is not used to accumulate money.

Fixed deposit account will give us highest interest rate.