Demand deposits are:

chequeable deposits

No worries! We‘ve got your back. Try BYJU‘S free classes today!

non-chequeable deposits

No worries! We‘ve got your back. Try BYJU‘S free classes today!

deposits which can be withdrawn on demand

No worries! We‘ve got your back. Try BYJU‘S free classes today!

both (a) and (c)

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Open in App

Solution

The correct option is B
both (a) and (c)

Demand deposits are chequeable and can be withdrawn at any time.

Suggest Corrections