Sort each item on a bank balance sheet
Exercise and reference answers
- Items
- Item
- Loans given out
- Answer
- left
- Item
- Reserves at RBI
- Answer
- left
- Item
- Cash in hand
- Answer
- left
- Item
- Treasury bills
- Answer
- left
- Item
- Customer deposits
- Answer
- right
- Categories
- Left
- Asset
- Right
- Liability
- Instructions
- Swipe left if it is an asset of the bank, right if it is a liability.
Explanation
_Source: syllabus Macroeconomics XII Ch3 Money and Banking, 3.3 MONEY CREATION BY BANKING SYSTEM_