UPSC Previous Year Question | Prelims GS | 2019

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

  1. Advances
  2. Deposits
  3. Investments
  4. Money at call and short notice

Answer

Correct Answer

Deposits

Explanation

Deposits are liabilities of a bank (money owed to depositors). Advances (loans), investments and money at call and short notice are assets.

Topics: assets and liabilities of banks, banking, commercial banks - balance sheet, indian economy