Which of the following are assets of commercial banks?
I.reserves
Ii.loans
Iii.deposits
A)i only
B)ii only
C)i and ii
D)ii and iii
E)i,ii,and iii

Name: Which of the following are assets of commercial banks? I.reserves Ii.loans Iii.deposits A)i only B)ii only C)i and ii D)ii and iii E)i,ii,and iii
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Question

Quizplus · Accepted Answer

Reserves and loans are assets for commercial banks. Deposits are liabilities, as they represent money the bank owes to its customers.

Which of the Following Are Assets of Commercial Banks