Social Sciences, asked by nidhi804835, 2 months ago

what is the purpose of demand deposite? not what is demand deposite. tell me the purpose plzz​

Answers

Answered by s02371joshuaprince47
1

Answer:

purpose of demand deposite :

Demand deposits provide the money consumers need for purchasing daily expenses, where funds can be withdrawn at any time from the depository institution.

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