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MA
Question Practice

How do demand deposits enhance the utility of money?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 10
Social Science
Understanding Economic Development
MONEY AND CREDIT
Question Bank

How do demand deposits enhance...

Single Answer MCQ
Q-00015823

How do demand deposits enhance the utility of money?

1

They can be physically handled

2

They earn higher interest

3

They are maintained in banks

4

They have a fixed value

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Q2.

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Q3.

What is the primary function of modern money?

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Q4.

Which of the following is NOT considered modern money?

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