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प्रश्न
What is meant by demand deposits?
What are demand deposits or current deposits?
उत्तर
Demand deposits or current deposits refer to those deposits which are payable by the bank on demand by their depositors.
संबंधित प्रश्न
Explain briefly the five agency functions of a commercial bank.
Define a commercial bank.
Explain two methods adopted by Commercial banks to advance loans to the general public.
Explain any one type of term deposit.
What are current accounts?
With reference to the secondary functions of a Commercial Bank, explain the general utility function.
Commercial banks accept deposits, lend money and provide other services.
Mention any two agency functions/services of a commercial bank.
From which type of deposits, money can be withdrawn only after the maturity date?
Which of the following is a function of a commercial bank? Give a reason to support your answer:
