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Why bank deposits are known asdemand deposits ?[2011 (T-2)]a)Deposits with the banksb)People have the provision to withdraw the money when they require.c)Deposits with the banks cannot be witdrawn.d)People have the provision to withdraw the money only by cash.Correct answer is option 'B'. 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 Why bank deposits are known asdemand deposits ?[2011 (T-2)]a)Deposits with the banksb)People have the provision to withdraw the money when they require.c)Deposits with the banks cannot be witdrawn.d)People have the provision to withdraw the money only by cash.Correct answer is option 'B'. 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 Why bank deposits are known asdemand deposits ?[2011 (T-2)]a)Deposits with the banksb)People have the provision to withdraw the money when they require.c)Deposits with the banks cannot be witdrawn.d)People have the provision to withdraw the money only by cash.Correct answer is option 'B'. Can you explain this answer?.

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