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What is demand deposits? - Organisation of Commerce and Management

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प्रश्न

What is demand deposits?

एक पंक्ति में उत्तर

उत्तर

Demand deposits are deposits which are repaid to customers whenever they demand.

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Business Services - Banking
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अध्याय 4: Business Services - Answer in one sentence

संबंधित प्रश्न

Find the odd one.


Find the odd one.


_________ banking refers to the use of banking services with the help of mobile phones.


Select the correct option and complete the following table.

(RTGS, SIDBI, apex financial institution in banking industry of country, recurring deposit, long term loans)

Group A Group B
1 _________ fund transfer on real-time and gross basis
2. loans to meet long term capital requirements ________
3 ____________ Account operated by salaried and businessmen both.
4. Central bank _____________
5 _____________ Principal financial institution for MSMEs

Correct the underlined word and rewrite the following sentence.

Overdraft facility is available for savings bank account holders.


Explain the following term/concept.

Banking


Distinguish between.

Central Bank and Commercial Bank


Distinguish between.

Savings Account and Current Account


State four types of deposits.


Explain the utility function of banks?


Select the correct option.

(no need to carry cash, intangible, fund transfer system, accepting deposits, niche banks in India)

Group A Group B
A. _____________  services
B. commercial bank ______________
C. _____________ Small finance bank
D. credit cards _______________
E. _____________ RTGS

What is exchange bank?


Correct the underlined word and rewrite the sentence.

The commercial bank is the apex financial institution in banking industry in the country.


Justify the following statement.

Business services are necessary.


Explain the following term/concept in detail.

Central Bank


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