Social Sciences, asked by anujsoni8874, 3 months ago

define the term demand deposti

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Answered by gnanendrakoganti

0

Answer:

A demand deposit account (DDA) consists of funds held in a bank account from which deposited funds can be withdrawn at any time, such as checking accounts. ... A DDA allows funds to be accessed anytime, while a term deposit account restricts access for a predetermined time

Answered by Anonymous

5

Demand deposits or non-confidential money are funds held in demand accounts in commercial banks...

hope it helps....

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