Social Sciences, asked by shivanshkaranja14, 9 months ago


What are 'demand deposito?
How can you say that it's a form
of money ? Explain.​

Answers

Answered by roomie
0

Answer:

Answer:

Read the passage and construct a timeline

Step-by-step explanation:

Explanation:

Answered by sanu27937
0

Explanation:

a deposit of money that can be withdrawn without prior notice, e.g. in a current account.

Demand deposits are considered as money for the following reasons : (i) They can be withdrawn from the bank whenever it is so required. (ii) They are widely accepted as a means of payment, along with the currency, hence they are considered as money.

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