What is Bank Money?

Question 1

What is Bank Money?

Question 2

Bank money means demand deposits with the commercial banks - Demand Deposits with commercial banks are a part of Money supply. They are payable on demand & they can be drawn upon by cheque without any restriction.

kratos · Answer 1 · 2020-07-02T13:48:40+0000

Bank money means demand deposits with the commercial banks - Demand Deposits with commercial banks are a part of Money supply. They are payable on demand & they can be drawn upon by cheque without any restriction.

What is Bank Money?

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What is Bank Money?

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