Which of the following is not included in the assets of a commercial bank in India?

[UPSC Civil Services Exam – 2019 Prelims]

(a) Advances

(b) Deposits

(c) Investments

(d) Money at call and short notice


Answer: (b)        

Explanation:

  • The key business of the banks is to accept different types of deposits from the public and then lend these funds to the borrowers.
  • This is called Financial intermediation.
  • In terms of the banks, the deposits represent the “liabilities” of the banks while loans advanced and investments made by banks represent their “assets”.
  • The deposit itself is a liability owed by the bank to the depositor.
  • Bank deposits refer to this liability rather than to the actual funds that have been deposited.

Consider the following statements:                                                                   The Parliament of India can place a particular law in the Ninth Schedule of the Constitution of India. The validity of a law placed in the Ninth Schedule cannot be examined by any court and no judgement can be made on it. Which of the statements given above is/are correct?

Consider the following statements:                                               

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Consider the following statements:                                                         The Parliament of India can place a particular law in the Ninth Schedule of the Constitution of India. The validity of a law placed in the Ninth Schedule cannot be examined by any court and no judgement can be made on it. Which of the statements given above is/are correct?

Consider the following statements:                                               

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