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Direction: Mark the option which is most suitable:
Assertion : The facility of demand deposits makes it possible to settle payments without the use of cash.
Reason : Demand deposits are paper orders which make it possible to transfer money from one person’s account to another person’s account.
- a)If Both assertion and reason are true, and reason is the correct explanation of assertion.
- b)If Both assertion and reason are true, but reason is not the correct explanation of assertion.
- c)If Assertion is true, but reason is false.
- d)If Both assertion and reason are false.
Correct answer is option 'D'. Can you explain this answer?
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Direction: Mark the option which is most suitable:Assertion : The fac...
The facility of cheques against demand deposits makes it possible to directly settle payments without the use of cash. Since demand deposits are accepted widely as a means of payment, along with currency, they constitute money in the modern economy. their deposits as cash with themselves.
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Direction: Mark the option which is most suitable:Assertion : The fac...
Assertion: The facility of demand deposits makes it possible to settle payments without the use of cash.
Reason: Demand deposits are paper orders which make it possible to transfer money from one person’s account to another person’s account.
The correct option is D, if both assertion and reason are false.
Explanation:
Demand deposits refer to the funds deposited in a bank account that can be withdrawn by the depositor at any time. These deposits are the most liquid form of money and can be used for various purposes, including settling payments.
Assertion is false: The facility of demand deposits does make it possible to settle payments without the use of cash. Demand deposits can be used to make electronic transfers, write checks, or use debit cards for transactions. These methods eliminate the need for physical cash and provide a convenient way to settle payments.
Reason is false: Demand deposits are not paper orders. Instead, they represent the balance held in a bank account that can be accessed through various means, such as online banking or ATMs. While checks may be used to transfer funds from one person's account to another, they are not the only method. Electronic transfers, mobile payments, and other digital payment methods can also be used to transfer money between accounts.
Conclusion: Since both the assertion and reason are false, the correct option is D. The facility of demand deposits does make it possible to settle payments without the use of cash, but demand deposits are not paper orders for transferring money.
Reason: Demand deposits are paper orders which make it possible to transfer money from one person’s account to another person’s account.
The correct option is D, if both assertion and reason are false.
Explanation:
Demand deposits refer to the funds deposited in a bank account that can be withdrawn by the depositor at any time. These deposits are the most liquid form of money and can be used for various purposes, including settling payments.
Assertion is false: The facility of demand deposits does make it possible to settle payments without the use of cash. Demand deposits can be used to make electronic transfers, write checks, or use debit cards for transactions. These methods eliminate the need for physical cash and provide a convenient way to settle payments.
Reason is false: Demand deposits are not paper orders. Instead, they represent the balance held in a bank account that can be accessed through various means, such as online banking or ATMs. While checks may be used to transfer funds from one person's account to another, they are not the only method. Electronic transfers, mobile payments, and other digital payment methods can also be used to transfer money between accounts.
Conclusion: Since both the assertion and reason are false, the correct option is D. The facility of demand deposits does make it possible to settle payments without the use of cash, but demand deposits are not paper orders for transferring money.
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Direction: Mark the option which is most suitable:Assertion : The facility of demand deposits makes it possible to settle payments without the use of cash.Reason : Demand deposits are paper orders which make it possible to transfer money from one person’s account to another person’s account.a)If Both assertion and reason are true, and reason is the correct explanation of assertion.b)If Both assertion and reason are true, but reason is not the correct explanation of assertion.c)If Assertion is true, but reason is false.d)If Both assertion and reason are false.Correct answer is option 'D'. Can you explain this answer?
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Direction: Mark the option which is most suitable:Assertion : The facility of demand deposits makes it possible to settle payments without the use of cash.Reason : Demand deposits are paper orders which make it possible to transfer money from one person’s account to another person’s account.a)If Both assertion and reason are true, and reason is the correct explanation of assertion.b)If Both assertion and reason are true, but reason is not the correct explanation of assertion.c)If Assertion is true, but reason is false.d)If Both assertion and reason are false.Correct answer is option 'D'. Can you explain this answer? for Class 10 2024 is part of Class 10 preparation. The Question and answers have been prepared according to the Class 10 exam syllabus. Information about Direction: Mark the option which is most suitable:Assertion : The facility of demand deposits makes it possible to settle payments without the use of cash.Reason : Demand deposits are paper orders which make it possible to transfer money from one person’s account to another person’s account.a)If Both assertion and reason are true, and reason is the correct explanation of assertion.b)If Both assertion and reason are true, but reason is not the correct explanation of assertion.c)If Assertion is true, but reason is false.d)If Both assertion and reason are false.Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for Class 10 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Direction: Mark the option which is most suitable:Assertion : The facility of demand deposits makes it possible to settle payments without the use of cash.Reason : Demand deposits are paper orders which make it possible to transfer money from one person’s account to another person’s account.a)If Both assertion and reason are true, and reason is the correct explanation of assertion.b)If Both assertion and reason are true, but reason is not the correct explanation of assertion.c)If Assertion is true, but reason is false.d)If Both assertion and reason are false.Correct answer is option 'D'. Can you explain this answer?.
Direction: Mark the option which is most suitable:Assertion : The facility of demand deposits makes it possible to settle payments without the use of cash.Reason : Demand deposits are paper orders which make it possible to transfer money from one person’s account to another person’s account.a)If Both assertion and reason are true, and reason is the correct explanation of assertion.b)If Both assertion and reason are true, but reason is not the correct explanation of assertion.c)If Assertion is true, but reason is false.d)If Both assertion and reason are false.Correct answer is option 'D'. Can you explain this answer? for Class 10 2024 is part of Class 10 preparation. The Question and answers have been prepared according to the Class 10 exam syllabus. Information about Direction: Mark the option which is most suitable:Assertion : The facility of demand deposits makes it possible to settle payments without the use of cash.Reason : Demand deposits are paper orders which make it possible to transfer money from one person’s account to another person’s account.a)If Both assertion and reason are true, and reason is the correct explanation of assertion.b)If Both assertion and reason are true, but reason is not the correct explanation of assertion.c)If Assertion is true, but reason is false.d)If Both assertion and reason are false.Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for Class 10 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Direction: Mark the option which is most suitable:Assertion : The facility of demand deposits makes it possible to settle payments without the use of cash.Reason : Demand deposits are paper orders which make it possible to transfer money from one person’s account to another person’s account.a)If Both assertion and reason are true, and reason is the correct explanation of assertion.b)If Both assertion and reason are true, but reason is not the correct explanation of assertion.c)If Assertion is true, but reason is false.d)If Both assertion and reason are false.Correct answer is option 'D'. Can you explain this answer?.
Solutions for Direction: Mark the option which is most suitable:Assertion : The facility of demand deposits makes it possible to settle payments without the use of cash.Reason : Demand deposits are paper orders which make it possible to transfer money from one person’s account to another person’s account.a)If Both assertion and reason are true, and reason is the correct explanation of assertion.b)If Both assertion and reason are true, but reason is not the correct explanation of assertion.c)If Assertion is true, but reason is false.d)If Both assertion and reason are false.Correct answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for Class 10.
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Direction: Mark the option which is most suitable:Assertion : The facility of demand deposits makes it possible to settle payments without the use of cash.Reason : Demand deposits are paper orders which make it possible to transfer money from one person’s account to another person’s account.a)If Both assertion and reason are true, and reason is the correct explanation of assertion.b)If Both assertion and reason are true, but reason is not the correct explanation of assertion.c)If Assertion is true, but reason is false.d)If Both assertion and reason are false.Correct answer is option 'D'. Can you explain this answer?, a detailed solution for Direction: Mark the option which is most suitable:Assertion : The facility of demand deposits makes it possible to settle payments without the use of cash.Reason : Demand deposits are paper orders which make it possible to transfer money from one person’s account to another person’s account.a)If Both assertion and reason are true, and reason is the correct explanation of assertion.b)If Both assertion and reason are true, but reason is not the correct explanation of assertion.c)If Assertion is true, but reason is false.d)If Both assertion and reason are false.Correct answer is option 'D'. Can you explain this answer? has been provided alongside types of Direction: Mark the option which is most suitable:Assertion : The facility of demand deposits makes it possible to settle payments without the use of cash.Reason : Demand deposits are paper orders which make it possible to transfer money from one person’s account to another person’s account.a)If Both assertion and reason are true, and reason is the correct explanation of assertion.b)If Both assertion and reason are true, but reason is not the correct explanation of assertion.c)If Assertion is true, but reason is false.d)If Both assertion and reason are false.Correct answer is option 'D'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice Direction: Mark the option which is most suitable:Assertion : The facility of demand deposits makes it possible to settle payments without the use of cash.Reason : Demand deposits are paper orders which make it possible to transfer money from one person’s account to another person’s account.a)If Both assertion and reason are true, and reason is the correct explanation of assertion.b)If Both assertion and reason are true, but reason is not the correct explanation of assertion.c)If Assertion is true, but reason is false.d)If Both assertion and reason are false.Correct answer is option 'D'. Can you explain this answer? tests, examples and also practice Class 10 tests.
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