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Assets and Liabilities of A Bank: Home Exams Current Affairs Monthly Ca Ca Quiz Current Affairs PDF Hindi Jobs GK More
Assets and Liabilities of A Bank: Home Exams Current Affairs Monthly Ca Ca Quiz Current Affairs PDF Hindi Jobs GK More
Assets and Liabilities of A Bank: Home Exams Current Affairs Monthly Ca Ca Quiz Current Affairs PDF Hindi Jobs GK More
HOME EXAMS CURRENT AFFAIRS MONTHLY CA CA QUIZ CURRENT AFFAIRS PDF HINDI JOBS GK MORE
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October Current Affairs 2020
Monthly Current Affairs
The two main components of a bank’s balance sheet are its assets and liabilities.
Bank’s assets and liabilities definition is same as we talk about their simple definitions. But
the examples that come under the category vary. These are explained below:
ASSETS are the ones which are useful or valuable things a person/organization has like
goods, property, vehicles, equipment, machinery, etc.
If we talk about bank’s assets: They are those which the bank has and can be readily
converted to cash whenever bank requires money.
physical assets – this includes land, furniture, building, etc owned by bank. They are the
minor assets.
cash present with bank – cash which is used for day to day transactions such as for cash
withdrawals and cheque processing.
the interest amount on loans – it is a major asset of a bank because they earn more
money by interest amounts of loans than they have to give on saving accounts.
Month-Wise Current Affairs 2020
investments – this include investments in government securities and other securities,
treasury bills, etc. Current Affairs September 2020
LIABILITIES are the ones for which an amount of money is owed like in a company the Current Affairs August 2020
salaries of employees are to be given, etc.
Current Affairs July 2020
Current Affairs June 2020
If we talk about bank’s liabilities: They are those which the bank has from the customer
Current Affairs May 2020
deposits and borrowed money for bank’s purpose.
Current Affairs April 2020
The bank’s liabilities are Current Affairs March 2020
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