Time deposits
Demand deposits
Inter-bank liabilities
Other borrowings
Answer is Right!
Answer is Wrong!
The correct answer is (b) Demand deposits.
Demand deposits are the most important component of the liabilities of Commercial Banks in India. They are deposits that can be withdrawn on demand by the depositor. Demand deposits are a major source of funds for commercial banks, and they are used to finance a variety of activities, including lending, investment, and payment processing.
Time deposits are deposits that cannot be withdrawn on demand. They are typically held for a fixed period of time, and they earn interest. Time deposits are a less important source of funds for commercial banks than demand deposits.
Inter-bank liabilities are obligations that commercial banks owe
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