Question
Which of the following is not included in the assets of a commercial bank in India?
(a) Advances
(b) Deposits
(c) Investments
(d) Money at call and short notice
Answer:
B
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Explanation:
Deposits are not included in the assets of a commercial bank in India. They are considered liabilities for the bank as they represent funds that customers have entrusted to the bank.
Advances refer to loans and credit extended by the bank to borrowers. This includes various types of loans such as personal loans, business loans, and mortgages.
Investments represent the bank's holdings of securities, such as government bonds, corporate bonds, and other financial instruments.
Money at call and short notice refers to funds that the bank has placed with other banks or financial institutions on a short-term basis, typically for overnight or a few days.