Demand Deposits include ____ and ____.
Demand Deposits include ____ and ____.
i. Saving Account Deposits
ii. Fixed Deposits
iii. Current Account Deposits
iv. Post Office Savings
Alternatives:
(a) i and ii
(b) ii and iii
(c) i and iii
(d) i and iv
Anurag Pathak Changed status to publish January 5, 2024
Ans – (c)
Explanation:-
Demand Deposits are deposits of the general public with commercial banks where account holders withdraw money on demand at any time with the help of cheques.
with the help of technology, the amount can also be withdrawn with ATM, UPI, and net banking.
Anurag Pathak Changed status to publish January 5, 2024
