Kit Question

This topic has 2 replies, 2 voices, and was last updated 4 years ago by maximus07.

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August 12, 2021 at 8:33 pm #631382
maximus07
Participant
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Which of the following is most likely to be used for a large overnight deposit?
Money market deposit
Bank current account
Bank deposit account
Option deposit

Answer A.
Sir can you explain meaning of large overnight deposit?
August 13, 2021 at 7:47 am #631405
Ken Garrett
Keymaster
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Spare cash at the end of the day is placed on deposit overnight to earn a little interest. It comes off deposit the next morning.
August 13, 2021 at 10:07 am #631431
maximus07
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Thank you 🙂 .
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