_______ are deposits which have a fixed period of maturity. Option 1: Demand deposits Option 2: Time deposits Option 3: Saving deposits Option 4: Current deposits

The answer is 'Time deposits'. View full solution:

CUET Economics - _______ are deposits which have a fixed period of maturity. | PYQs + Solutions

CUET Economics

Macro

Easy

Demand deposits

Time deposits

Saving deposits

Current deposits

✅ Correct Option: 2

Related questions:

CUET Economics 2024 Slot 2

Match List - I with List - II.

List - I (Banking) List - II (Function)

(A) Commercial Bank (I) Long term lending rate by RBI

(B) Reserve Bank of India (II) Short term lending rate by RBI

(D) Repo Rate (IV) Lender of last resort

Choose the correct answer from the options given below :

13 May Shift 2

Match List-I with List-II

List-I	List-II
(A) Net Worth	(I) Currency + Deposits
(B) M₁	(II) Reserves + Loans
(C) Assets	(III) 1/ Cash Reserve Ratio
(D) Money Multiplier.	(IV) Assets – Liabilities

Choose the correct answer from the options given below:

CUET Economics 2024 Slot 2

Suppose in an economy, the legal Required ratio fixed by the Central Bank is 20% and the value of initial deposits is Rs. 1000 crores. What is the value of loans extended by the Commercial Banks?

CUET Economics PYQs

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