Find the incorrect option .a) demand deposits share the essential features of money .b) with demand deposits payment can be made with cash .c) demand deposits are a safe way of money transformation .d) demand deposit facility is like cheque plzz reply faast its urgent i will mark its as brainlainiest
Answers
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Answer:
(d)
yes because the when we deposite the money in the bank in demand so they give us a cheque
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The correct answer is D
Explanation:
- The statement which is incorrect is the demand deposit facility such as cheque because the possibility of the demand deposit against the cheque, made the easy to facilitate transactions, without being use of the cash.
- A deposit which could be withdrawn on demand of the people is known as the demand deposit. It is possible through the demand deposit, to make the payments by cheque rather than the cash.
You can learn from here about demand deposit:
https://brainly.in/question/2677424
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