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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?
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?
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?
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?
Which type of deposit generally does not earn any interest?
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Which type of deposit offers moderate interest and moderate liquidity?
Which type of deposit offers moderate interest and moderate liquidity?
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