Current Deposit

Q.

What are demand deposits and explain three of their features?

Q.

What are the features of IDR?

Q. Which among the following types of deposits is mostly used by businesspersons?

1. Current deposit
2. Fixed deposit
3. Recurring deposit
4. Savings deposit

Q. is the type of deposit that is mostly used by businesspersons.

1. Current deposit
2. Fixed deposit
3. Recurring deposit
4. Savings deposit

Q. Banks do not provide any interest money to the customers who access current deposits accounts.

1. True
2. False

Q. Which of the following deposit schemes is preferred by businesspersons?

1. Current deposit
2. Fixed deposit
3. Recurring deposit
4. Savings deposit