Which of the following statements is-are correct-1- Cheques can be issued only against demand deposits-2- Demand deposits are close to the currency in terms of transaction utility-Which of the above statements is-are correct-

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Which of the ...

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Which of the following statement(s) is/are correct?
Which of the above statement(s) is/are correct?

Only 1

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Only 2

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Both 1 and 2

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None of the Above

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