UrbanPro

Take Class 12 Tuition from the Best Tutors

  • Affordable fees
  • 1-1 or Group class
  • Flexible Timings
  • Verified Tutors

Search in

Which type of deposits with the banks are called demand deposits?

Asked by Last Modified  

Follow 2
Answer

Please enter your answer

hose deposits in the bank accounts that can be withdrawn on demand, are called demand deposits.Some importantfeatures of demand deposits are(i) Demand deposits are accepted widely as a means of payment by way of a cheque along with currency.(ii) They are closely linked to the working of the modern banking...
read more

hose deposits in the bank accounts that can be withdrawn on demand, are called demand deposits.
Some importantfeatures of demand deposits are
(i) Demand deposits are accepted widely as a means of payment by way of a cheque along with currency.
(ii) They are closely linked to the working of the modern banking system. Such deposits earn an amount as interest.

read less
Comments

The deposits which are payable on demand are called Demand deposit. There will be no fixed tenure for these deposits. Examples are Savings Bank Account and Current Account.
Comments

Related Questions

Is coaching in class 12 necessary to score 100 in chemistry?
Coaching is NOT necessary. But one must be ready to develop some qualities/habits to substitute the advantages coaching institutes provides. 1. CONSISTENCY: You must be regular with your studies. Because...
Santosh
0 0
5
How should I study by my own in class 11 and 12 without coaching?
1. well planned study, 2. by making time table and strictly follow it, 3. for doubts you can clear it from internet, school teachers, seniors, friends, elders etc.
Bivash
0 0
5
Is it really important to take coaching in class 11 as a PCM student?
if u wish to face medical entance examination in future , coaching is important. as they give u a bigger insight of competition and how to carck the exam.
Sonam
0 0
5
Can I start IIT coaching in class 12?
Yes definitely you can start preparation for IIT JEE from 12 but there are certain conditions- 1.You should follow good strategy's which involve appropriate time given test,follow good material . 2. Don't...
Divya
0 0
8

Now ask question in any of the 1000+ Categories, and get Answers from Tutors and Trainers on UrbanPro.com

Ask a Question

Related Lessons


Consumer Equilibrium
Basic Terms: 1.Utility:It refers to want satisfying power of the commodity.It is measured in utiles. 2.Types of Utilities: Tototal Utility: It refers to sum total of utility that is received from...


A short concept of Fiscal Deficit in Economics :--
A fiscal deficit occurs when a government's total expenditures exceed the revenue that it generates, excluding money from borrowings. Deficit differs from debt, which is an accumulation of yearly deficits. A...
K

Characteristics/Qualities of Good Money - Class XII Economics (Macro-Economics)
Qualities/Characteristics of Good Money - HSC/SYJC/Class 12/Standard XII Macro-Economics - Commerce - Maharashtra State Board Also helpful for IGCSE/GCSE Economics and ICSE Class 10

Recommended Articles

Raghunandan is a passionate teacher with a decade of teaching experience. Being a skilled trainer with extensive knowledge, he provides high-quality BTech, Class 10 and Class 12 tuition classes. His methods of teaching with real-time examples makes difficult topics simple to understand. He explains every concept in-detail...

Read full article >

Swati is a renowned Hindi tutor with 7 years of experience in teaching. She conducts classes for various students ranging from class 6- class 12 and also BA students. Having pursued her education at Madras University where she did her Masters in Hindi, Swati knows her way around students. She believes that each student...

Read full article >

Mohammad Wazid is a certified professional tutor for class 11 students. He has 6 years of teaching experience which he couples with an energetic attitude and a vision of making any subject easy for the students. Over the years he has developed skills with a capability of understanding the requirements of the students. This...

Read full article >

Radhe Shyam is a highly skilled accounts and finance trainer with 8 years of experience in teaching. Accounting is challenging for many students and that’s where Radhe Shyam’s expertise comes into play. He helps his students not only in understanding the subject but also advises them on how to overcome the fear of accounts...

Read full article >

Looking for Class 12 Tuition ?

Learn from the Best Tutors on UrbanPro

Are you a Tutor or Training Institute?

Join UrbanPro Today to find students near you
X

Looking for Class 12 Tuition Classes?

The best tutors for Class 12 Tuition Classes are on UrbanPro

  • Select the best Tutor
  • Book & Attend a Free Demo
  • Pay and start Learning

Take Class 12 Tuition with the Best Tutors

The best Tutors for Class 12 Tuition Classes are on UrbanPro

This website uses cookies

We use cookies to improve user experience. Choose what cookies you allow us to use. You can read more about our Cookie Policy in our Privacy Policy

Accept All
Decline All

UrbanPro.com is India's largest network of most trusted tutors and institutes. Over 55 lakh students rely on UrbanPro.com, to fulfill their learning requirements across 1,000+ categories. Using UrbanPro.com, parents, and students can compare multiple Tutors and Institutes and choose the one that best suits their requirements. More than 7.5 lakh verified Tutors and Institutes are helping millions of students every day and growing their tutoring business on UrbanPro.com. Whether you are looking for a tutor to learn mathematics, a German language trainer to brush up your German language skills or an institute to upgrade your IT skills, we have got the best selection of Tutors and Training Institutes for you. Read more