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What is demand deposit?

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What is demand deposit?

Posted by Ratna Bhargaw 5 years, 8 months ago

CBSE > Class 10 > Social Science

1 answers

Kannu Kranti Yadav 5 years, 8 months ago

Demand deposit means people deposit their cash in banks by opening an account for their name and they can withdraw the deposit on their demand , so it is known as demand deposit.

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