Economy, asked by anambordiwala, 4 months ago

Q16.
Derivative deposit is
also called as
O A) active deposit
OB) primary deposit
OC) saving deposit
OD) current account deposit

Answers

Answered by shristipal

2

Answer:

primary deposit

is the right answer

derivative deposit is a bank deposit which consists of proceeds of loan credited to account of depositor. Explanation: Suppose an initial deposit at a commercial bank. Since of this deposit (called a primary deposit), the bank is allotment currency. To make a profit for its depositors, the bank loans this money out.

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