Social Sciences, asked by DrHarsh, 1 year ago

difference between fixed and demand deposits

Answers

Answered by ABHIMANYU567

2

Deposit can either mean demand deposit or term deposit in general. Ademand deposit is more liquid and hence fetches lower interest. Depositsare broad and demand deposits are part of it. Deposits may be fixed,demand, liquid, illiquid, etc whereas asdemand deposits are balance in current account and savings account.

DrHarsh: wrong answer

ABHIMANYU567: how give some point

ABHIMANYU567: if knowing the answer why u asking

Previous Question

Next Question

Similar questions

Computer Science, 7 months ago

What do understand by the term Management?

Science, 7 months ago

The gravitational force on the surface of the moon is____ times than that on the surface of the earth *...

Physics, 7 months ago

A space shuttle approaches the ground moving 347 km/h at an angle 15.0 degrees relative to the horizontal. What is the vertical component of its velocity in km/h?

Political Science, 1 year ago

Women represent in Loksabha. .. answer in short note. .. plz give answer I need help. ..

Chemistry, 1 year ago

Teabag is solid or liquid and how...

Economy, 1 year ago

biscuit product name of the foreign company...

Biology, 1 year ago

whuch chemical is present in frogs skin...

Science, 1 year ago

The roots of a coconut tree are seen growing far from the plant. Such a kind of movement of root for want of water is __________ . i) Phototropism ii) Geotropism iii) Chemotropism iv) Hydrotropism...