Which of the following is an asset of a commercial bank?<...
Which of the following is an asset of a commercial bank?
Reserve funds
Shareholders capital
Customers' deposits
Treasury bills
Correct answer is D
Treasury securities include short term bills, intermediate term notes and long term bonds. These bonds are an asset for banks in the same way that loans are an asset. The bank will receive a stream of payments in the future.
A limited liability company is owned by_______________ ...
A utility maximizing household will allocate its expenditure so that ...
Choice is necessary because resources ...
To facilitate the exportation of crude oil from Nigeria, special ...
Which of the following will not increase the population of a country? ...
An inverse relationship between price and quantity demanded implies that ...
Which of the following can be considered as being outside the objectives of public finance? ...
The tax whose rate increases as the level of income increases is known as ...