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MA
Question Practice

Which of the following best defines the concept of 'demand deposits'?

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

MCQ_SA
CBSE
Class 12
Economics
Introductory Macroeconomics
Money And Banking
Question Bank

Which of the following best de...

Single Answer MCQ
Q-00089042

Which of the following best defines the concept of 'demand deposits'?

1

Assets held in physical currency only

2

Funds that can be withdrawn on demand without penalties

3

Deposits that earn high interest rates

4

Loans that must be repaid on a fixed schedule

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