Money is

Assets

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Liabilities

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Wealth

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Demand Deposit

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Solution

The correct option is D
Demand Deposit

Demand Deposit

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Similar questions

Q. Since the purchasing power of money is changing, the value of assets and liabilities shown in financial statement does not reflect ________ market situation.

Every financial institution has to maintain a certain quantity of liquid assets with themselves at any point of time of their total time and demand liabilities. These assets have to be kept in non-cash form such as precious metals, approved securities like bonds etc. The ratio of the liquid assets to time and demand liabilities is termed as _____.

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

Q. Why do demand deposits, along with currency, constitute money in the modem economy?

Q. Which of the following statements about banking operations is correct as they help banks to run their shops?
A. The public holds as much currency (M) as it desires to hold with it and therefore any additional money earned by it is placed in the form of deposits with banks.
B. The banks lend all the deposits received by them from public up to the minimum legal cash reserve ratio requirement determined by the RBI. It means banks do not keep any excess cash reserves with themselves.
C. The minimum legal Cash Reserve ratio is set by the RBI.
D. Bank's assets are only in the form of Cash Reserves and loans and its liabilities comprise only of the demand deposits.

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Money is

The correct option is D Demand Deposit Demand Deposit

The correct option is D
Demand Deposit

Demand Deposit