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Mention One Difference Between Demand Deposits and Time Deposits - Economics

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प्रश्न

Mention one difference between demand deposits and time deposits

उत्तर

Time deposits are fixed-term deposits with a fixed maturity period which cannot be payable on demand. On the other hand, demand deposits are deposits which can be withdrawn on demand.

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Concept of Credit Creation
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
2016-2017 (March)

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संबंधित प्रश्‍न

Distinguish between demand deposits and fixed deposits.


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