Home › Bihar Board Class 12 (Arts) › Economics › Money and Banking › The main liability of a bank is its
The main liability of a bank is its
Aloans
Breserves
Cbuildings
Ddeposits
Answer & Solution
Correct answer: D. deposits
Deposits are owed to the public, so they are the bank's main liability.
Related questions
How many major commercial banks did India nationalise in 1969?The Reserve Bank of India was nationalised in which year?Interbank deposits are excluded from money supply because only deposits of theWhich measures are called narrow money?M3 equals M1 plusWhich of these is the narrowest RBI measure of money?Money supply is aFixed deposits are an example of