Deposits which are payable on demand are called _______. Option 1: Fixed deposits Option 2: Time deposits Option 3: Demand deposits Option 4: Current deposits

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

CUET Economics - Deposits which are payable on demand are called _______. | PYQs + Solutions

CUET Economics

Macro

Easy

Fixed deposits

Time deposits

Demand deposits

Current deposits

✅ Correct Option: 3

Related questions:

13 May Shift 2

Arrange the following money measures into their high to low liquid form.

(A) M4

(B) M2

(D) M3

Choose the correct answer from the options given below:

CUET Economics 2022 Slot 4

Match List - I with List - II.

List - I (Financial Terms)	List - II (Examples)
(A) Monetary Base	(I) Loans extended by banks
(B) Assets	(II) Reserve Bank of India
(C) Liabilities	(III) Currency
(D) Credit control	(IV) Deposits accepted by the banks

Choose the correct answer from the options given below :

2 June Shift 1

Which of the following is not a monetary measure adopted by Reserve Bank of India?