Question

what are demand deposits???...
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how is money safe with the banks explain......

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Answer 1

Explanation:

Demand Deposit:-

Bank use ko keep money safe.The money which is with you is more safer in banks as compared in to your home.

and also bank use to give interest on the money which we deposited.

NOTE:Interest is the cost of using somebody else’s money. When you borrow money, you pay interest. When you lend money, you earn interest.

* The deposits can be drawn at any time on demand by the depositors because of which it is came to be known as demand deposits

Answer 2

Answer:

Demand Deposit

Bank used to deposit money.

It is more safer than the home.

The money which we deposit the bank gives us interest.