Question

what are demand deposits? How is money safe with the banks? explain​

Answer 1

Answer:

A demand deposit is an account with a bank or other financial institution that allows the depositor to withdraw his or her funds from the account without warning or with less than seven days' notice.

A bail-in would imply using the depositors' money to do the same. ... Money deposited in banks have been considered completely safe so far because the government and the Reserve Bank of India (RBI) has never allowed any bank to fail.

Answer 2

Explanation:

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