WAEC - Economics (2015 - No. 37)
The proportion of commercial banks' total assets kept in the form of highly liquid assets is known as
demand deposit
fixed deposit
cash ratio
moral suasion
Uitleg
Demand deposit; is a deposit of money that can be withdrawn without prior notice, e.g. in a current account. A demand deposit is money that you deposit into a bank account from which you can withdraw on demand, at any time, without any advance notice to the bank.