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Economics · 2023 · 1 mark
CBSE 2023 · Region 1 · Set 1 · Q1
Read the following statements carefully: Statement 1: Primary deposits are the cash deposits by general public with commercial banks. Statement 2:…
Read the following statements carefully :Statement $\displaystyle 1$ : Primary deposits are the cash deposits by general public with commercial banks.Statement $\displaystyle 2$ : Secondary deposits are those deposits which arise on account of credit provided by the commercial banks to the people.In light of the given statements, choose the correct alternative from the following :
Official answer
(C)
Both Statements $\displaystyle 1$ and $\displaystyle 2$ are true.
Marking-scheme solution
(C)
Both Statements $\displaystyle 1$ and $\displaystyle 2$ are true.
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CBSE Class 12 Economics past-paper question from the 2023 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.