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Q. |
Which of the following statements is correct about banks? |
A. | Banks cannot accept demand and time deposits from public. |
B. | Banks can accept only time deposits from public. |
C. | Banks can accept both demand and time deposits from public. |
D. | Banks can accept demand and time deposits only from government. |
E. | None of the above |
Answer» C. Banks can accept both demand and time deposits from public. |
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