Question
Which of the following is not an Asset for the bank?
Solution
The assets side of the Bank’s balance sheet consists 1) Cash & balances with RBI 2) Balances with Banks & Money at Call & Short Notice 3) Investments 4) Advances 5) Fixed Assets 6) Other Assets Various sources of raising funds (liabilities) are: 1) Capital 2) Reserves & Surpluses 3) Deposits 4) Borrowings 5) Other liabilities and Provisions
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