What is demand deposit?

Asked by Last Modified  

1 Answer

Learn Economics +1

Follow 1
Answer

Please enter your answer

Teacher

The sum of money that is given to a bank but can be withdrawn as per the requirement of the depositor. Amounts that are lying in the savings and current accounts are known as demand deposits because they can be used at any point of time.
Comments

Related Questions

How can one do well in class 11 and 12 (CBSE) without coaching?
Without coaching you have to ref NCERT books. Go through mathematical and science concepts first, learn the formulae and then go for attmpting different MCQ's. By having sufficient practise you will gain confidenece. Best Luck
Profile Photo
User
0 0
View Comments6
Which is better for class 11, coaching or tuition class?
It depends on students level of basic knowledge . If basics of any subject is not clear than it is shear wastage of time sitting in coaching classes and student should join individual Tution with best...
Profile Photo
Divya
0 0
View Comments6
How shall I prepare for IIT without joining any coaching institute? I am in class 11.
focus on basic concepts of subjects, prepare timetable for study and follow this. does not spent too much time on study but start learning on calm mind, do some physical activity also.
Profile Photo
Priya
0 0
View Comments7
Is it important to join coaching in class 11?
• If you are an average student (getting 55-75% marks) or below average you need help from tuition !! • if you have chosen different streams other than SCIENCE like Arts , Commerce and you...
Profile Photo
Gulfam
0 0
View Comments9
How should I study Class 12 mathematics without coaching?
Solve R. D SHARMA (REFERENCE BOOK) FROM BASIC LEVEL TO HIGHER LEVEL. And YOU MUST TAKE HELP FROM YOUR SCHOOL MATHS TEACHER.
Profile Photo
My
0 0
View Comments7

Now ask question in any of the 1000+ Categories, and get Answers from Tutors and Trainers on UrbanPro.com

Ask a Question

Related Lessons

Statistics
Measures of Central Tendency: There are three measures of central tendency that are: Mean: It is used to represent the average of the data. Median: It is used to represent the middle value. Mode:...
Profile Photo

Mathematical Economics
Functions of one variable (DEMO) Reference book: Sydsaeter and Hammond Play with Graphs- Arihant Content plan for Day 1: Graphs of Functions: Special focus on trigonometric functions. All basic functions...
Profile Photo

An Insight into Corporate Banking
When it comes to Banking, yes off course one of the India's growing industry consists of 26 public sector banks, 25 private sector banks, 43 foreign banks, 56 regional rural banks, 1,589 urban cooperative...
Profile Photo


Recommended Articles

E-learning is not just about delivering lessons online. It has a much broader scope that goes beyond manual paper or PowerPoint Presentations. To understand the reach of E-learning and how the whole process works in developing the Educational system, we will discuss a few points here. Let us find out how this new learning...

Read full article >

With the current trend of the world going digital, electronic renaissance is a new movement that is welcomed by the new generation as it helps makes the lives of millions of people easier and convenient. Along with this rapidly changing movement and gaining popularity of Internet, e-Learning is a new tool that emerging...

Read full article >

With the mushrooming of international and private schools, it may seem that the education system of India is healthy. In reality, only 29% of children are sent to the private schools, while the remaining head for government or state funded education. So, to check the reality of Indian education system it is better to look...

Read full article >

While schools provide formal education to the children, the home is where they start learning about things informally. Parents think that schools will take the initiative to educate their children. Well, this is partially true, as parents also play an essential role in bringing up their child. For the development of particular...

Read full article >

Looking for Class 11 Tuition ?

Learn from the Best Tutors on UrbanPro

Are you a Tutor or Training Institute?

Join UrbanPro Today to find students near you