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51.

Which of the following system is followed by RBI for issusing currency ?A. Simple deposits systemB. Minimum reserve systemC. Proportionate systemD. Fixed fiduciary issue system.

Answer» Correct Answer - B
Discussion
52.

Demand deposits are :A. chequable depositsB. non-chequable depositsC. deposits which can be withdrawn on demandD. both (i) and (iii)

Answer» Correct Answer - D
Discussion
53.

Demand deposits include :A. Saving account deposits and fixed depositsB. saving account deposits and current account depositsC. Current account deposits and fixed depositsD. All types of deposits.

Answer» Correct Answer - B
Discussion
54.

Deposits which can be withdrawn on demand by the depositors are called _________A. time depositsB. saving depositsC. term depositsD. demand deposits

Answer» Correct Answer - D
Discussion