aliensbrain
  • Home
  • Study
  • Quizzes
  • 🎤AI Practicefree
  • Notebooks
  • Community
  • Sign in
  • General Knowledge
  • Bank deposits that can be withdrawn without notice are ca...
Multiple choice

Bank deposits that can be withdrawn without notice are called

  1. account payee deposits

  2. fixed deposits

  3. variable deposits

  4. demand deposits

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Demand deposits are bank accounts from which funds can be withdrawn at any time without prior notice, such as savings or current accounts.

Keep practicing — related questions

  • Bank deposits that can be withdrawn without notice are called ……..
  • The specified minimum fraction of the total deposits of customers, which commercial banks have to hold as r...
  • When banks deal with a large number of individual customers for deposits as well as loans (liabilities and ...
  • A customer deposits some money in his deposit account with the bank but forgets to provide complete particu...
  • Other than banks, the deposits can be accepted by non-bank entities. Which of the following does not match ...
  • Where a bank is prohibited to accept the deposit despite prohibition, if the bank deposits, what is the pun...
  • Rohit opened a recurring deposit account in the bank by depositing Rs. 250 per month for 11 months. The rat...
  • Deepak opened a recurring deposit account in a bank and deposited Rs. 500 per month for 3 years. If he will...
Play the full quiz 🎤 Practise this topic out loud

Practice this topic

  • Banking and Cash Transactions (990 questions)
Advertisement
© Aliensbrain | all rights reserved
  • About
  • Contact
  • Terms and Condition
  • Privacy Policy