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In commercial banking, an account from which the customer cannot withdraw money instantly is a?

Economics
JAMB 1997
In commercial banking, an account from which the customer cannot withdraw money instantly is a?
  • A. demand deposit account
  • B. time deposit account
  • C. special deposit account
  • D. savings deposit account
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Correct Answer: Option B
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
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