Question : For a bank, the main liability is the ______.
Option 1: deposits
Option 2: economic rent
Option 3: assets
Option 4: loans
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Correct Answer: deposits
Solution : The correct answer is deposits.
For a bank, the main liability is the "deposits" it holds. Deposits represent the funds that customers place in the bank, which the bank is obligated to repay on demand or according to the terms agreed upon with the depositors.
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Question : The minimum payment to a factor of production is called:
Option 1: quasi-rent
Option 2: rent
Option 3: wages
Option 4: transfer payment
Question : Which among the following is a public sector bank?
Option 1: Axis Bank
Option 2: ICICI Bank
Option 3: Bank of Baroda
Option 4: Yes Bank
Question : Which of the following is an example of a public sector bank in India?
Option 1: Federal Bank
Option 2: HDFC Bank
Option 3: Axis Bank
Option 4: Punjab National Bank
Question : Which among the following is the oldest joint stock bank in India?
Option 1: Allahabad Bank
Option 2: Bank of Baroda
Option 3: Yes Bank
Question : Change in the inventory of a firm is treated as ____________.
Option 1: disinvestment
Option 2: investment
Option 3: liability
Option 4: asset
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