Deposits of money which cannot be withdrawn before the stipulated period of time are

Money deposits

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Reserve deposits

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Fixed deposits

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Demand deposits

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Solution

The correct option is C
Fixed deposits

Deposits of money, which cannot be withdrawn before the stipulated period of time, are called fixed deposits.

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Similar questions

Q. Consider the following components of money supply in India:
1. Currency in circulation
2. Banker's deposits with the NBI
3. Other deposits with the RBI
4. Demand deposits of banks
Which of the above are the components of Reserve Money?

Q. The money deposited in this account can not be withdrawn before the expiry of period is called

Q. Demand deposits are considered to be money because of this feature:

Q. Since the deposits in the bank accounts can be withdrawn on demand, these deposits are called ________.

The M3 Concept of Money Supply includes
1. Time Deposits with Banks
2. Savings account deposits with Post Offices
3. Demand Deposits with Banks
4. Currency held by the public
Select the correct answer using the codes given below:

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Deposits of money which cannot be withdrawn before the stipulated period of time are

The correct option is C Fixed deposits Deposits of money, which cannot be withdrawn before the stipulated period of time, are called fixed deposits.

The correct option is C
Fixed deposits

Deposits of money, which cannot be withdrawn before the stipulated period of time, are called fixed deposits.