Question

Full form of CASA, (in relation with commercial banks)

• A. Cash Account And Savings Account
• B. Current Account And Savings Account
• C. Central Account And Securities Account
• D. Corporate Account And Savings Account

Answer 1

Answer:

B. Current Account And Savings Account

Demat Account:

• Demat Account means dematerialised account 

• Demat Account is used for dealing Shares

• CASA: Current Account And Savings Account

• These are demand liabilities

• The bank have to maintain 100% of SLR for maintaining liquidity as per the provisions of RBI.

• The profitability of Banks depends up on the volume of CASA Deposits 

• These are Low Cost Deposits