Which of the following is not included in the assets of a commercial bank in India?
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Answer: B. For a bank, deposits are money it owes to customers, so they are liabilities, not assets. Advances (loans), investments and money at call and short notice are assets.
Watch for: Students think of deposits as the bank's money, but the bank owes them back.
Why the other options are wrong
- A. Wrong because advances (loans given) are a bank's main assets.
- C. Wrong because investments in government securities are assets.
- D. Wrong because money lent at call and short notice is an asset.
Source to check: RBI, Form A of the Third Schedule to the Banking Regulation Act, 1949 (balance sheet format); NCERT Class 12 Macroeconomics, Chapter 'Money and Banking'
Answer from the official UPSC key. Written and fact-checked by AI against the official key. Spotted a mistake? Report it.