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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

Types of Deposits Quiz

Choose a study mode

Podcast

Questions and Answers

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

Which type of deposit allows for withdrawals at any time?

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

Which type of deposit generally does not earn any interest?

Which type of deposit offers moderate interest and moderate liquidity?

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