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
Explanation
A bank places its funds in assets to earn profits. The assets include investments, loans and advances, money at call and short notice, bills discounted and purchased. It also includes the cash in hand with the banks and also the cash held with the RBI. The liabilities include deposits (both time and demand) and borrowings. Hence (b) is the correct answer.