Which of the following is a bank asset?

Question

Quizplus · Accepted Answer

Mortgage loans are a type of asset for a bank because they represent money that has been lent out and will be repaid with interest over time. Demand deposits (A) and CDs (D) are liabilities for the bank because they represent money that has been deposited and will need to be repaid to the depositor. Borrowings from other banks (B) are also a liability because they represent money that has been borrowed and will need to be repaid to the lender.

Which of the Following Is a Bank Asset