Home › UP Board Class 12 › Economics › Money and Banking › Deposits that can be withdrawn on demand, such a…
Deposits that can be withdrawn on demand, such as in a current or savings account, are called:
Afixed deposits
Btime deposits
Crecurring deposits
Ddemand deposits
Answer & Solution
Correct answer: D. demand deposits
Demand deposits are withdrawable on demand (current/savings).
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