Economics · Economics
What is the meaning of 'Derived Deposit'?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1A deposit made in a bank by an employee of a business firm.
- 2A deposit created from a loan obtained by a commercial bank from the RBI.
- 3Cash deposited in a bank by another commercial bank.
- 4Deposits created out of loans given by a bank to its customers.✓
Correct answer
Deposits created out of loans given by a bank to its customers.
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