Which of the following is not an asset of the Commercial Bank ?
Deposits are liabilities of a commercial bank because the bank owes these funds to depositors. Cash, investments, and loans and advances are assets held by the bank.
Choose your answer
Which of the following is not an asset of the Commercial Bank ?
Answer and explanation
Correct answer A
Deposits are liabilities of a commercial bank because the bank owes these funds to depositors. Cash, investments, and loans and advances are assets held by the bank.
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Madhya Pradesh SET (MP SET)