CBSE BOARD X, asked by naikpoojan, 1 year ago

Why are demand deposits considered as money?

Answers

Answered by 6700190013

So u can get money from your deposit account

I hope this helps

6700190013: U are welcome

naikpoojan: Thanks for answering it so quickly.

6700190013: U are very welcome

Anonymous: please mark as BRAINliest answer

6700190013: ok

ms9953637950: Hiii..

6700190013: Hey

naikpoojan: Thx

Answered by Anonymous

Demand deposits are considered as money, because they can be withdrawn when required and themoney withdrawn can be used for making payments. So, they are alsoconsidered as money in the modern economy.

please mark as BRAINliest answer

Anonymous: follow me

Anonymous: please mark as BRAINliest answer

ms9953637950: Hiii..

Previous Question

Next Question

Similar questions

World Languages, 7 months ago

रमेशः वयं वाटिकां पश्यामः। अत्र जन्तुशाला अपि अस्ति। वयं - सुरेशः ध्यानेन पश्यामः। एते जन्तवः अवगच्छन्ति। मौनेन सर्वम् रमेशः रमा रमेशः रमा सुरेशः उर्वी आम्! तत्र खगाः सन्ति। शुकेन सह सारिका अपि अस्ति। शुकः मधुरस्वरेण ‘स्वागतम्' इति वदति। पश्य! सः मूषकः मुखेन किं कर्तयति? - सः मुखेन जालं कर्तयति। हरिणकेन सह शशकः अपि तृणं खादति। पश्य! शशकः हस्तेन कमलपत्रं धारयति। सः चपलः शशकः हरिणकेन सह क्रीडति।...

Math, 7 months ago

llowing by rounding of (b) 608 x 291 (e) 371 ~ 330...

Math, 7 months ago

$\sqrt{1 - sin { }^{2} }a \: \times \sqrt cosec { }^{2} a \: \: = \: \:$ ...

Math, 1 year ago

how to solve this sum...

Biology, 1 year ago

A substance X when mixed with water is used for white washing.The subsctance X is also formed when a substance Y decompose. find,X and Y, write their formula...

Math, 1 year ago

the nuber of boys and girls in a class are in the ratio 7:5. the number of boys is 8 more than the number of girls. what is the total class strenth?

Physics, 1 year ago

This question was asked in NEET 2017.

Economy, 1 year ago

development goals of different categories of persons...