Question : For a bank, the main liability is the ______.
Option 1: deposits
Option 2: economic rent
Option 3: assets
Option 4: loans
New: SSC MTS 2024 Application Form OUT; Direct Link
Don't Miss: Month-wise Current Affairs | Upcoming Government Exams
New: Unlock 10% OFF on PTE Academic. Use Code: 'C360SPL10'
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.
Application | Cutoff | Selection Process | Preparation Tips | Eligibility | Exam Pattern | Admit Card
Question : The minimum payment to a factor of production is called:
Question : Which among the following is a public sector bank?
Question : Which of the following is an example of a public sector bank in India?
Question : Which among the following is the oldest joint stock bank in India?
Question : Change in the inventory of a firm is treated as ____________.
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile