Practice free →
Home › Bihar Board Class 12 (Arts) › Economics › Money and Banking › For a bank, assets are equal to

For a bank, assets are equal to

ADeposits + Net Worth
BReserves - Loans
CReserves + Loans
DLoans - Deposits
Answer & Solution
Correct answer: C. Reserves + Loans
A bank's assets consist of its reserves with the central bank plus the loans it has given.
Solve this in the app — Bihar Board Class 12 (Arts) practice & 24k+ MCQs →
Related questions