Demand deposits are: Options: A . &nbspChequeable deposits B . &nbspNon-chequeable deposits C . &nbspDeposits which can be withdrawn on demand D . &nbspBoth (a) and (c)

Demand deposits are:

Question

Demand deposits are:

Options:

A . Chequeable deposits

B . Non-chequeable deposits

C . Deposits which can be withdrawn on demand

D . Both (a) and (c)

Answer: Option D
:
D
Demand deposits are chequeable and can be withdrawn at any time.

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