WHAT IS CALLED DEMAND DEPOSITS? WRITE ITS ADVANTANGES. WHY DO PEAPLE DEPOSIT IN THE BANKS.?
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the deposits that can be withdrawn on demand are called demand deposits
adv-:
1-it can be withdrawn anytime
2-money is safe
3-we get interest
4-we get the facility of credit card and cheque
thus people deposit their money in the bank
mark it as the brainliest
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