Consider the following statements:1. In Banks, the "Staff Security Deposits" come under Time Liabilities2. In Banks. "Cash certificates" come under theDemand Liabilities Which among the above statements is/ are correct?

Consider the following statements:1. In Banks, the "Staff Security Dep

1.	Consider the following statements:1. In Banks, the "Staff Security Deposits" come under Time Liabilities2. In Banks. "Cash certificates" come under theDemand Liabilities Which among the above statements is/ are correct?
A.	Only 1 is correct
B.	Only 2 is correct
C.	Both 1 and 2 are correct
D.	Neither 1 nor 2 is correct
Answer» B. Only 2 is correct