1.

Which of the following statements is true?                      [IBPS 2011]

A.  Banks cannot accept demand and time deposits from public.
B.  Banks can accept only demand deposits from public.
C.  Banks can accept only time deposits from public.
D.  Banks can accept both demand and time deposits from public.
E.  Banks can accept demand and time deposits only from government.
Answer» E.  Banks can accept demand and time deposits only from government.


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