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Question : For a bank, the main liability is the ______.

Option 1: deposits

Option 2: economic rent

Option 3: assets

Option 4: loans


Team Careers360 22nd Jan, 2024
Answer (1)
Team Careers360 25th Jan, 2024

Correct Answer: deposits


Solution : The correct answer is deposits .

For a bank, the main liability is the "deposits" it holds. Deposits represent the funds that customers place in the bank, which the bank is obligated to repay on demand or according to the terms agreed upon with the depositors.

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