Question 25

Current account are classified as money because ____.

  • A.They are ultimately the obligations of the treasury
  • B.Banks hold currently equal to the value of their outstanding deposits
  • C.They can be readily used in the making of the purchases and payment of debts
  • D.They earn interest income to the depositor
Objective

Question details

Exam body
NDA
Subject
Economics
Year
2018/2019
Question no.
#25
Type
Objective

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