Types of Deposits Quiz
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Questions and Answers

Which type of deposit is meant for professional men and middle-class people to deposit their small savings?

  • Current (Demand) Deposits
  • Savings Deposits (correct)
  • Fixed (Time) Deposits
  • None of the above

    • Which type of deposit allows for withdrawals at any time?

  • Current (Demand) Deposits (correct)
  • Savings Deposits
  • Fixed (Time) Deposits
  • None of the above

    • Which type of deposit allows for high interest but low liquidity?

  • Current (Demand) Deposits
  • Savings Deposits
  • Fixed (Time) Deposits (correct)
  • None of the above

    • Which type of deposit generally does not earn any interest?

    <p>Current (Demand) Deposits</p> Signup and view all the answers

    Which type of deposit offers moderate interest and moderate liquidity?

    <p>Savings Deposits</p> Signup and view all the answers

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