What are demand deposits? What are their advantages? -SST 10th

What are demand deposits? What are their advantages? -SST 10th
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How are demand deposits accepted as a means of payment? -SST 10th

Description : How are demand deposits accepted as a means of payment? -SST 10th

Last Answer : . Demand deposits offer another interesting facility. It helps in making the payment in cheque. . A cheque is a paper instructing the bank to pay a specific amount from the person's account to the ... widely as a means of payment, along with currency, they constitute money in the modern economy.

What are ‘demand deposits’? -SST 10th

Description : What are ‘demand deposits’? -SST 10th

Last Answer : . Workers who receive their salaries at the end of each month have extra cash at the beginning of the month. . This extra cash is deposited with the bank by opening a bank account in ... Since the deposits in the bank accounts can be withdrawn on demand, these deposits are called demand deposits.

What are demand deposits? -SST 10th

Description : What are demand deposits? -SST 10th

Last Answer : People with surplus money or extra amount deposit it in banks. The banks keep the money safe and give an interest on it. The deposits can be drawn at any time on demand by the depositors. ... are widely accepted as a means of payment along with currency, they constitute money in the modern economy

Why are deposits in the banks called demand deposits? -SST 10th

Description : Why are deposits in the banks called demand deposits? -SST 10th

Last Answer : Since the deposits in the bank accounts can be withdrawn on demand, these deposits are called demand deposits.

Why do we consider demand deposits as money? -SST 10th

Description : Why do we consider demand deposits as money? -SST 10th

Last Answer : Demand deposit constitute money in modern economy as they are accepted widely as a means of payment along with currency.

Why are the deposits in the banks called ‘demand deposits’? What are the benefits of deposits with the banks? -SST 10th

Description : Why are the deposits in the banks called ‘demand deposits’? What are the benefits of deposits with the banks? -SST 10th

Last Answer : A cheque is a paper instructing the bank to pay a specific amount from a person's account to the person in whose name the cheque has been issued. The payer,who has an account with ... facility of cheques against demand deposits makes it possible to directly settle payments without the use of cash.

What are demand deposits ? -SST 10th

Description : What are demand deposits ? -SST 10th

Last Answer : People save their money in banks by opening an account. The deposits in the bank accounts can be withdrawn on demand, so these deposits are called demand deposits. (i) Banks accept the ... refused in settling transaction in the country. No individual can legally refuse a payment made in rupees.

What are demand deposits? How is money safe with the banks? Explain. -SST 10th

Description : What are demand deposits? How is money safe with the banks? Explain. -SST 10th

Last Answer : a deposit of money that can be withdrawn without prior notice, e.g. in a current account. For banks, FDIC insurance is the government-backed program that insures deposits. ... If your bank or ... federal government, with backing from the US Treasury, can replace any money that was lost by the bank.

The Bank accepts two types of deposits from the public i.e. Demand and Time Deposits.

Description : The Bank accepts two types of deposits from the public i.e. Demand and Time Deposits.

Last Answer : Justify the following statement: The Bank accepts two types of deposits from the public i.e. Demand and Time Deposits.

Explain the following concept: Demand Deposits

Description : Explain the following concept: Demand Deposits

Last Answer : Explain the following concept: Demand Deposits

What is "narrow money"? (1) The sum of currency in circulation and the demand deposits in banks (2) The sum of MI money and the time deposits (3) The sum of currency in circulation with the public and the cash reserves held by banks (4) The market value of the stocks held by all the holders excluding the promoters

Description : What is "narrow money"? (1) The sum of currency in circulation and the demand deposits in banks (2) The sum of MI money and the time deposits (3) The sum of currency in circulation with the ... reserves held by banks (4) The market value of the stocks held by all the holders excluding the promoters

Last Answer : (1) The sum of currency in circulation and the demand deposits in banks Explanation: The four main monetary aggregates of measures of money supply which reflect the state of the monetary sector ... This category of money is considered to be the most readily available for transactions and commerce.

Bank deposits that can be withdrawn without notice are called - (1) account payee deposits (2) fixed deposits (3) variable deposits (4) demand deposits

Description : Bank deposits that can be withdrawn without notice are called - (1) account payee deposits (2) fixed deposits (3) variable deposits (4) demand deposits

Last Answer : (4) demand deposits Explanation: Demand deposits are funds held in an account from which deposited funds can be withdrawn at any time without any advance notice to the depository institution. Demand ... of account which cannot be accessed for a predetermined period (typically the loan's term).

Deposits which can be withdrawn by a customer without notice is called ________ A. Time Deposits B. Demand Deposits C. Variable Deposits D. Low cost Deposits

Description : Deposits which can be withdrawn by a customer without notice is called ________ A. Time Deposits B. Demand Deposits C. Variable Deposits D. Low cost Deposits

Last Answer : B. Demand Deposits Explanation: A deposit of money that can be withdrawn without prior notice is known as Demand Deposits, Ex:- in a current account.

Fixed Deposits and Recurring Deposits are _________ A. repayable after an agreed period. B. repayable on demand. C. not repayable. D. repayable on demand or after an agreed period as per bank‘s choice.

Description : Fixed Deposits and Recurring Deposits are _________ A. repayable after an agreed period. B. repayable on demand. C. not repayable. D. repayable on demand or after an agreed period as per bank‘s choice.

Last Answer : D. repayable on demand or after an agreed period as per bank s choice. Explanation: A fixed deposit (FD) is a financial instrument provided by banks which provides investors with a ... every month into their Recurring Deposit account and earn interest at the rate applicable to Fixed Deposits.

What is difference between banks & HFCs? A. HFCs cannot accept demand deposits B. It cannot issue cheques drawn on itself C. deposit insurance facility of Deposit Insurance and Credit Guarantee Corporation is not available to depositors of HFCs D. All of the Above E. None of the Above

Description : What is difference between banks & HFCs? A. HFCs cannot accept demand deposits B. It cannot issue cheques drawn on itself C. deposit insurance facility of Deposit Insurance and Credit Guarantee Corporation is not available to depositors of HFCs D. All of the Above E. None of the Above

Last Answer : D. All of the Above Explanation: HFCs are doing functions similar to banks as banks also provides housing loans. However, there are a few differences as given below: ♦ HFCs cannot accept demand ... Credit Guarantee Corporation(DICGC) is not available to depositors of HFCs, unlike in case of banks.

What is the currency deposit ratio (cdr)? a) ratio of money held by the public in currency to that of money held in bank deposits b) ratio of money held by public in bank deposits to that of money held by public in currency c) ratio of money held in demand drafts to that of money held in treasury bonds d) none of the above

Description : What is the currency deposit ratio (cdr)? a) ratio of money held by the public in currency to that of money held in bank deposits b) ratio of money held by public in bank deposits to that of money ... ratio of money held in demand drafts to that of money held in treasury bonds d) none of the above

Last Answer : a) ratio of money held by the public in currency to that of money held in bank deposits

Bank deposits that can be withdrawn without notice are called (1) account payee deposits (2) fixed deposits (3) variable deposits (4) demand deposits

Description : Bank deposits that can be withdrawn without notice are called (1) account payee deposits (2) fixed deposits (3) variable deposits (4) demand deposits

Last Answer : demand deposits

What is “narrow money” ? (1) The sum of currency in circulation and the demand deposits in banks (2) The sum of MI money and the time deposits (3) The sum of currency in circulation with the public and the cash reserves held by banks (4) The market value of the stocks held by all the holders excluding the promoters

Description : What is narrow money ? (1) The sum of currency in circulation and the demand deposits in banks (2) The sum of MI money and the time deposits (3) The sum of currency in circulation with ... reserves held by banks (4) The market value of the stocks held by all the holders excluding the promoters

Last Answer : The sum of currency in circulation and the demand deposits in banks

What are the Advantages and Disadvantages of low home deposits in Brisbane?

Description : What are the Advantages and Disadvantages of low home deposits in Brisbane?

Last Answer : Advantages of a Low Deposit Home LoanIf you want to make a low deposit loan work for you, understand that you are signing up for active management. A little deposit may get you into a house faster. ... financial loans are riskier, If you are not a regular investor, and you just want a place for you

How do the deposits with banks become their source of income ? -SST 10th

Description : How do the deposits with banks become their source of income ? -SST 10th

Last Answer : Banks use a major portion of the deposits to extend loans to people for various economic activities. The interest rates on loans are much higher than what the bank charges on the deposits it has. ... from the borrowers and what is paid to the depositors is the source of income of the banks.

How do the deposits with banks become their source of income ? -SST 10th

Description : How do the deposits with banks become their source of income ? -SST 10th

Last Answer : Banks charge higher interest rate on loans than what they offer on deposits. The difference of interest is the main source of income of banks.

Which of the following is part of Porter's Diamond for determining national advantages? A. Climatic Conditions B. Demand ConditionsC. All the aboveD. None of the above

Description : Which of the following is part of Porter's Diamond for determining national advantages? A. Climatic Conditions B. Demand Conditions C. All the above D. None of the above

Last Answer : Demand Conditions

How are bauxite deposits formed? In which regions is bauxite found? -SST 10th

Description : How are bauxite deposits formed? In which regions is bauxite found? -SST 10th

Last Answer : . Bauxite deposits are formed by the decomposition of a wide variety of rocks rich in aluminium silicates. . It is an important metal because it combines the strength of metals such as ... . Panchpatmali deposits in Koraput district (Odisha) are the most important bauxite deposits in the state.

What are ‘placer deposits’? -SST 10th

Description : What are ‘placer deposits’? -SST 10th

Last Answer : .Certain minerals may occur as alluvial deposits in sands of valley floors and the base of hills. .The deposits are called ‘placer deposits’, and generally contain minerals, which are not corroded by water. .Gold, silver, tin and platinum are the most important among such minerals.

“Deposits with the banks are beneficial to the depositers as well as to the nation” -SST 10th

Description : “Deposits with the banks are beneficial to the depositers as well as to the nation” -SST 10th

Last Answer : Deposits with the banks are beneficial to the depositors as well as to the nation. Benefits to the Depositors: 1.Banks accepts the deposits and pay interest to the depositor. 2.People's money is safe ... those who are in need of these funds. Thus it helps in the economic development of the nation.

Deposits with the banks are beneficial to the depositors as well as to the nation'. Examine the statement. -SST 10th

Description : Deposits with the banks are beneficial to the depositors as well as to the nation'. Examine the statement. -SST 10th

Last Answer : 1. Banks accept money in the form of deposits from people who have surplus cash. These deposits are used by the banks in giving loans to people for various purposes. 2. The bank ... standards of living and towards the overall economic development of the country's economy in a positive direction.

How are deposits with the banks beneficial for an individual as well as for the nation ? Explain with examples. -SST 10th

Description : How are deposits with the banks beneficial for an individual as well as for the nation ? Explain with examples. -SST 10th

Last Answer : Deposits with banks are beneficial for both individual and nation: 1. People can deposit money with banks after opening a bank account. This ensures the safety of the money and they also earn an ... Person A can also avail loan at an interest rate lesser than what is in the informal sector.

What do banks do with the deposits they accept from customers ? -SST 10th

Description : What do banks do with the deposits they accept from customers ? -SST 10th

Last Answer : Banks use most of the deposits to extend loans to people.

What do the banks do with the 'Public Deposits'? -SST 10th

Description : What do the banks do with the 'Public Deposits'? -SST 10th

Last Answer : Banks accept deposits from the Public and use the major portion of these deposits to extend loans. There is a huge demand for loans for various economic activities. Banks make use of these deposits ... (the borrowers). Banks charge a higher interest rate on loans than what they offer on deposits.

What are placer deposits? -SST 10th

Description : What are placer deposits? -SST 10th

Last Answer : There are some minerals which occur as alluvial deposits in sands of valley floors and the base of hills. These deposits are called placer deposits.

Name any four minerals which obtained form placer deposits. -SST 10th

Description : Name any four minerals which obtained form placer deposits. -SST 10th

Last Answer : Gold, silver, tin and platinum.

How are bauxite deposits formed? -SST 10th

Description : How are bauxite deposits formed? -SST 10th

Last Answer : Bauxite deposits are formed by decomposition of a wide variety of rocks rich in aluminium silicates.

Name the regions where India’s bauxite deposits are mainly found. -SST 10th

Description : Name the regions where India’s bauxite deposits are mainly found. -SST 10th

Last Answer : The Amarkantak plateau, Maikal hills and the plateau region of Bilaspur-Katur.

Name the regions where India’s mica deposits are mainly found. -SST 10th

Description : Name the regions where India’s mica deposits are mainly found. -SST 10th

Last Answer : The northern edge of the Chhota Nagpur plateau.

How are deposits of bauxite formed and aluminium obtained? -SST 10th

Description : How are deposits of bauxite formed and aluminium obtained? -SST 10th

Last Answer : (i) Bauxite deposits are formed due to decomposition of wide variety of rocks rich in aluminium silicates. Ores containing aluminium are obtained from bauxite which is a clay-like substance ... Orissa. Panchpatmali deposits in Koraput district are the most important bauxite deposits in the state.

What are the two main qualities of iron ore deposits of India? -SST 10th

Description : What are the two main qualities of iron ore deposits of India? -SST 10th

Last Answer : Two qualities of iron ore: 1. Iron ore is the basic mineral and the backbone of industrial development. 2. It provides a strong base for the development of metallurgical industries. They are ... per cent). The major iron-ore producing states are Karnataka, Orissa, Chhattisgarh, Goa and Jharkhand.

What are ‘placer deposits’? -SST 10th

Description : What are ‘placer deposits’? -SST 10th

Last Answer : (i) Certain minerals may occur as alluvial deposits in sands of valley floors and base of hills. These deposits are called placer deposits'. (ii) They generally contain minerals which are not ... ) Gold, silver, tin and platinum are examples of some important minerals found in placer deposits'.

“Deposits with the banks are beneficial to the depositors as well as to the nation”. -SST 10th

Description : “Deposits with the banks are beneficial to the depositors as well as to the nation”. -SST 10th

Last Answer : The deposits with the banks are beneficial to the depositors because of the following reason : (i) Safety (ii) Earn Interest. (iii) Can make payment easily through cheques Benefits of Bank ... be concluded that deposits with the banks are beneficial to the depositors as well as to the nation.

How are deposits with the bank beneficial for individual as well as for the nation ? -SST 10th

Description : How are deposits with the bank beneficial for individual as well as for the nation ? -SST 10th

Last Answer : The deposits with banks are beneficial for individual as well as for nation: (i) Banks accept deposit and also pay an amount as interest and in this way people earn money. (ii) ... of International trade. (vii) Development of infrastructure is undertaken with the loans provided by the banks.

Where are oil deposits largely found in India? -SST 10th

Description : Where are oil deposits largely found in India? -SST 10th

Last Answer : In the off-shore sea near Mumbai.

The largest deposits of which are found in Balaghat in Madhya Pradesh. -SST 10th

Description : The largest deposits of which are found in Balaghat in Madhya Pradesh. -SST 10th

Last Answer : The largest deposits of Manganese are found in Balaghat in Madhya Pradesh.Manganese

Name one important area that has large coal deposits in the states of Jharkhand and West Bengal. -SST 10th

Description : Name one important area that has large coal deposits in the states of Jharkhand and West Bengal. -SST 10th

Last Answer : Coal Centre in Jharkhand – Jharia, West Bengal – Raniganj.

Anyone have calcium deposits on their body and do they sound like this?

Description : Anyone have calcium deposits on their body and do they sound like this?

Last Answer : I had one and it was on the top of my foot. I was pregnant at the time and it went away when the baby was born. Mine was medium sized and sensitive to weight on it. If I wore shoes for a long time ... it so I don't think that's what you have. However I'm not a doctor and I personally would ask one!

Do people ever get back their security deposits?

Description : Do people ever get back their security deposits?

Last Answer : Certainly…it’s against the law to keep it unless there is ABNORMAL wear & tear in the apartment. I’m a property manager

How do wells get their water from underground rivers/aquifers/lakes/deposits? -Geography

Description : How do wells get their water from underground rivers/aquifers/lakes/deposits? -Geography

Last Answer : answer:

Bank Rate refers to the interest rate at which - (1) Commercial banks receive deposits from the public (2) Central bank gives loans to Commercial banks (3) Government loans are floated (4) Commercial banks grant loans to their customers

Description : Bank Rate refers to the interest rate at which - (1) Commercial banks receive deposits from the public (2) Central bank gives loans to Commercial banks (3) Government loans are floated (4) Commercial banks grant loans to their customers

Last Answer : (2) Central bank gives loans to Commercial banks Explanation: Bank rate is the interest rate at which a nation's central bank lends money to domestic banks. Often these loans are very short in duration.

Commercial banks create credit - (1) on the basis of their securities (2) on the basis of their assets (3) on the basis of their reserve fund (4) on the basis of their deposits

Description : Commercial banks create credit - (1) on the basis of their securities (2) on the basis of their assets (3) on the basis of their reserve fund (4) on the basis of their deposits

Last Answer : (4) on the basis of their deposits Explanation: Commercial banks create credit on the basis of their deposits. Credit creation is the multiple expansions of banks demand deposits. Whenever, ... will depend on the primary deposits and also on the amounts of minimum legal resource requirement.

Deposits of employees that remain unclaimed for ____ years after their refund becomes admissible are to be credited to Government under head________ a) Two years, UCR b) Three years, UCP c) Three years, Miscellaneous revenue d) Five year, Miscellaneous revenue

Description : Deposits of employees that remain unclaimed for ____ years after their refund becomes admissible are to be credited to Government under head________ a) Two years, UCR b) Three years, UCP c) Three years, Miscellaneous revenue d) Five year, Miscellaneous revenue

Last Answer : c) Three years, Miscellaneous revenue

Commercial banks create credit (1) on the basis of their securities (2) on the basis of their assets (3) on the basis of their reserve fund (4) on the basis of their deposits

Description : Commercial banks create credit (1) on the basis of their securities (2) on the basis of their assets (3) on the basis of their reserve fund (4) on the basis of their deposits

Last Answer :  on the basis of their deposits