What is a bank
CBSE, JEE, NEET, CUET
Question Bank, Mock Tests, Exam Papers
NCERT Solutions, Sample Papers, Notes, Videos
Posted by Muhammed Rayhan 6 years, 11 months ago
- 2 answers
Yogita Ingle 6 years, 11 months ago
People deposit their extra cash in bank. A bank in addition to keeping the money also pays interest on the deposit to the depositor. Thus bank deposits are also called demand deposits. A person simply needs to have an account with the bank to deposit money. A cheque can be used to make payment directly from a bank deposit without using cash.
Related Questions
Posted by Vansh Singh 1 year, 1 month ago
- 1 answers
Posted by Armaan Ali 1 year, 1 month ago
- 1 answers
Posted by Sai Sravika Godavarthi 1 week, 5 days ago
- 1 answers
Posted by Anisha Grover 1 week ago
- 0 answers
Posted by Sakshi Patel 1 year, 1 month ago
- 1 answers
Posted by Siddhanth Aravind 10 months, 1 week ago
- 0 answers
Posted by Shristi Pandey 3 months, 2 weeks ago
- 0 answers
Posted by Chirag Jindal 1 year, 1 month ago
- 0 answers
Posted by Kapil Dev Saroye 1 year, 1 month ago
- 0 answers
Posted by Sudhanshu Choudhry 1 year, 1 month ago
- 1 answers
myCBSEguide
Trusted by 1 Crore+ Students
Test Generator
Create papers online. It's FREE.
CUET Mock Tests
75,000+ questions to practice only on myCBSEguide app
Kannu Kranti Yadav 6 years, 11 months ago
3Thank You