Advertisements
Advertisements
प्रश्न
Demand deposits include ______ and _______.
विकल्प
Term deposits, saving account deposits
Saving account deposits, current account deposits
Current account deposits, term deposits
None of these
उत्तर
Demand deposits include Saving account deposits and Current account deposits.
Explanation:
Demand deposits are funds deposited in a bank that can be withdrawn at any moment without prior notification. These are savings account deposits and current account deposits, both of which allow the depositor to withdraw funds on demand.
संबंधित प्रश्न
Name one commercial bank in India.
What are current accounts?
State one point of difference between Cash Credit and Overdraft.
Match the following:
| 1 | Savings account | P | For a fixed time period |
| 2 | Current account | Q | Deposited at an equal time period |
| 3 | Recurring account | R | No interest is paid |
| 4 | Fixed deposit | S | Nominal restriction in no. of withdrawals |
What is creation of credit?
Which is the primary function of Commercial Banks?
Observe the relationship of the first pair of word and complete the second pair.
The primary function of a commercial bank : Acceptance of deposit, the agency function of a commercial banks : ______.
Which of these are known as term/time deposits?
Mention primary functions of commercial banks.
Explain three important functions of a commercial bank.
