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Home Interview Accounting and Finance Comments

  • Question
  • Which among the following is an asset for a bank?


  • Options
  • A. The loans disbursed by Bank to its customers
  • B. Cash Deposits of Customers
  • C. Investments made by Bank?s customers in its financial Products
  • D. All of the above

  • Correct Answer
  • The loans disbursed by Bank to its customers 

    Explanation

    Asset means anything that can be converted into cash. Here in banks, the loans disbursed by Bank to its customers is considered as assets because when they are cleared by them, then they are directly converted to cash.

  • Tags: AIEEE, Bank Exams, CAT, Analyst, Bank Clerk, Bank PO

    Accounting and Finance problems


    Search Results


    • 1. What is the full form of SOX and what does it means in Accounting ?
    • Discuss
    • 2. ETCS means

    • Options
    • A. Electronic Tax Collected at Source
    • B. Electric Tax Collected at Source
    • C. Enable Tax Collected at Source
    • D. Electrical Tax Collected at Source
    • Discuss
    • 3. The largest component of National Income in India is ____ ?

    • Options
    • A. Service Sector
    • B. Industrial Sector
    • C. Agriculture Sector
    • D. Trade Sector
    • Discuss
    • 4. What do you mean by invoice on hold?
    • Discuss
    • 5. What are steps to define supplier?
    • Discuss
    • 6. When an already listed organisation makes fresh issue of securities to the public, it is known as ________.

    • Options
    • A. IPO
    • B. Preferential Issue
    • C. Rights Issue
    • D. FPO
    • Discuss
    • 7. Which small finance Bank is included in the second schedule of the Reserve Bank of India Act, 1934 ?

    • Options
    • A. Janalakshmi
    • B. Utkarsh
    • C. Suryoday
    • D. None
    • Discuss
    • 8. When a debtor owes several debts to a banker and makes a payment, the right of appropriation lies with

    • Options
    • A. The Court
    • B. The Banker
    • C. The Debtor
    • D. All the above
    • Discuss
    • 9. Which payment method typically charges the highest interest rates?

    • Options
    • A. Credit cards
    • B. Payday loans
    • C. Cashier's checks
    • D. Pre-paid cards
    • Discuss
    • 10. Which is the largest foreign bank in India ?

    • Options
    • A. HDFC Bank
    • B. American Express Bank Ltd
    • C. DBS Bank Ltd
    • D. Standard Chartered Bank
    • Discuss


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