Question

Bank assets include: Multiple Choice A- Equity B- Mortgages C- Deposits

Bank assets include:

Multiple Choice

A- Equity

B- Mortgages

C- Deposits

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Answer #1

Banks assets include - B) Mortgages

This is correct because mortgage or loans in particular are assets for banks because they bring in interest payments

C ) deposits are not assets because they are liabilities because bank has to pay interest on this.

D) equity is not an asset nor liabilty, its the difference bw bank's assets and liabilities.

I hope this makes sense

Thanks & Regards

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