Question : Which of the following are non-chequeable deposits?

Option 1: Current deposits

Option 2: Fixed deposits

Option 3: Savings deposits

Option 4: None of the above

Question

Question : Which of the following are non-chequeable deposits?

Option 1: Current deposits

Option 2: Fixed deposits

Option 3: Savings deposits

Option 4: None of the above

Team Careers360 · Accepted Answer

Correct Answer: Fixed deposits

Solution : Fixed deposits are non-chequeable deposits. They carry interest which varies directly with the period of time.
Hence Option B is correct.

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Question : Which of the following are non-chequeable deposits? Option 1: Current deposits Option 2: Fixed deposits Option 3: Savings deposits Option 4: None of the above

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Question : Which of the following are non-chequeable deposits?

Option 1: Current deposits

Option 2: Fixed deposits

Option 3: Savings deposits

Option 4: None of the above

Question : Calculate M1 from the following-
Currency with public- 82000
Demand deposits with banks- 34000
Other deposits with RBI- 4563
Total deposits with Post office- 2240
Time deposits with banks- 2,45,000
Post office savings bank deposits- 2683