A bank's success depends in particular upon
A)its ability to attract transaction deposits
B)its ability to attract savings deposits
C)its ability to attract time deposits
D)All of the above are correct.

Question

Quizplus · Accepted Answer

A bank's success depends on its ability to attract various types of deposits, including transaction, savings, and time deposits. This enables the bank to increase its liquidity and lending capacity, as well as generate income from interest on loans and fees on services. Therefore, all of the above choices are correct.

A Bank's Success Depends in Particular Upon