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Chap 3 : Money and Credit - part 2

This lesson focusses on the concepts of Demand Deposits and the loan activities of the bank.

Arpita Prakash
Started NCERTs series at Unacademy BA and MA in History, B.Ed Cleared CTET- holds CBSE 0.1% Merit Certificate PASSIONATE about teaching !

Unacademy user
Any immediate liquidity requirement of banks can be satisfied through Call Money Market/Notice Money market mechanism. This are short term loans availed at over night basis. Banks can use this money to satisfy their Cash reserve requirements or to cover a sudden shortfall of cash on any particular day.
Thank you man for the beautiful courses
Thank you man for the beautiful courses
Thank you man for the beautiful courses
Thank you man for the beautiful courses
  1. Paople dap ank account in thou 1 Pal avn teast om tha epaacts asits in sa hamk acsunts which cam ba exchang * h aoit chas against amand Dap maka as a rnakes ut a Cuit a bat alc) kas baan wuad

  2. Cheque Paymenty A shoe manufacturer, M. Salim has to make a payment to the leather supplier and writes a cheque for a specific amount. This means that the shoe manufacturer instructs his bankk to pay this amount to the leather supplier. The leather supplier takes this cheque, and deposits it in his own account in the bank. The money is transferred from one bank account to another bank account in a couple of days. The transaction is complete without any payment of cash. BA/Date o 6/200 6 PREM KUM AR Pay Terras Or Bearer Account number A/c. No 16137926023 State Bank of India NCERT (NEW DELHI n Jabi LE. SRI AUROBINDO MARG, Bank branch NEW EL 10010 code Cheque number Coding used by banks

  3. Leann Activities Banks banka kufovy a small p.tapoutian afait, as eath, with * he anks ue the majos pasutin d fromm annd uhat i pid dapositasa dlapoaiti Bank make esust Loans ith

  4. What do you think would happen if all the depositors went to ask for their money at the same time?