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प्रश्न
Distinguish between fixed deposit and demand deposit. (Any two)
फरक स्पष्ट करा
उत्तर
| Fixed Deposit | Demand Deposit |
| This amount can be withdrawn only after a given maturity period. | This amount can be withdrawn anytime on demand. |
| The rate of interest on this deposit remains relatively high. | The rate of interest on this deposit is relatively low. |
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Commercial Banks: Functions
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