Which of the following is an asset of a commercial bank?<...
Which of the following is an asset of a commercial bank?
Reserve funds
Shareholders capital
Customers' deposits
Treasury bills
Correct answer is D
Treasury securities include short term bills, intermediate term notes and long term bonds. These bonds are an asset for banks in the same way that loans are an asset. The bank will receive a stream of payments in the future.
Poverty simply refers to the low level of_______ ...
International trade depends on the concept of? ...
The ordinalist approach of utility postulated that utility can be ...
If a business' total economic cost of producing 10,000 units of a product is N750,000 and this o...
One-man business is popular in West Africa because of all the following, except the ...
Division of labour is limited by ...
The law of diminishing marginal utility states ...
A concious effort of government to achieve a specific set of goals is? ...