Question
Which among the following statements about money creation and Banking System are NOT correct? (
- A Assets are things a firm can claim from others (
- B In case of a bank, loans given to public are not assets. (
- C Liabilities for any firm are its debts or what it owes to others (
- D For a Bank, the main liability is the deposits which people keep with it. Choose the correct answer from the options below:
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