New Register here for RBI, SEBI & NABARD strategy workshop! April 9 at 7 PM

    Question

    Which of the following is not an Asset for the

    bank?
    A Balances with Banks & Money at Call & Short Notice Correct Answer Incorrect Answer
    B Investments Correct Answer Incorrect Answer
    C Advances Correct Answer Incorrect Answer
    D Deposits Correct Answer Incorrect Answer
    E All are assets Correct Answer Incorrect Answer

    Solution

    The assets side of the Bank’s balance sheet consists 1) Cash & balances with RBI 2) Balances with Banks & Money at Call & Short Notice 3) Investments 4) Advances 5) Fixed Assets 6) Other Assets Various sources of raising funds (liabilities) are: 1) Capital 2) Reserves & Surpluses 3) Deposits 4) Borrowings 5) Other liabilities and Provisions

    Practice Next

    Relevant for Exams: