Social Sciences, asked by rhhg, 1 year ago

what is demand deposit

Answers

Answered by SnehaSony
17
Demand deposit is the money that is deposited in banks by an individual. It is called demand deposit because at any time we can demand money that we have deposited there.

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sukruti: most wlcm
SnehaSony: welcome
Answered by sukruti
7
A deposit of money that can be withdrawn without prior notice, e.g in a current account...
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