Social Sciences, asked by rakshithabs10, 1 year ago

what is bank money????

Answers

Answered by sourya1794

23

❣️❣️❣️❣️Bank money consists of the book credit that banks extend to their depositors. Transactions made using checks drawn on deposits held at banks involve the use of bank money.❣️❣️❣️❣️

Answered by Kavin2105

4

Answer:

cheques, drafts, deposit (credit), receipts etc. are called as bank money.

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