How to Create a Storage Account in MS Azure

Objectives:

1. Create a Storage Account that must be able to host the virtual disk files for Azure virtual machines.
2. The cost of accessing the files must and Replication costs must be minimized.

For Account kind select: General-purpose v2 accounts is recommended for most scenarios. It delivers the lowest per-gigabyte capacity prices for Azure Storage,
For replication select: Read-access geo-redundant storage (RA-GRS) maximizes availability for your storage account. It also provides read-only access to the data in the secondary location, in addition to geo-replication across two regions.

Courtesy:
https://docs.microsoft.com/en-us/azure/storage/common/storage-account-create?tabs=azure-portal