How is money safe with the bank? Explain.

1.	How is money safe with the bank? Explain.
Answer» Deposits in the\xa0bank\xa0account which are payable on demand are called demand deposits.\xa0Banks\xa0accept deposits from number of people. Some part of that\xa0money\xa0is given out as loan and the other part is kept with the\xa0banks\xa0for making payments. So the\xa0money\xa0is\xa0safe with the banks.

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