what are demand deposits ? how do Bank operate their day to day operations class 10th
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Deposits in bank which can be withdrawn on demand are known as demand deposits.
Banks operate by providing debt to needy by using the money of creditors and taking more interest rate by debrorsin comparision to interest they provide to creditors. In this way banks make profit
Banks operate by providing debt to needy by using the money of creditors and taking more interest rate by debrorsin comparision to interest they provide to creditors. In this way banks make profit
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