Which of the Following Are NOT Part of Bank Interest

question 48

Multiple Choice

Which of the following are NOT part of bank interest income?

• A)Interest on loans made by the bank
• B)Interest on term deposits offered by the bank
• C)Interest on investment securities held by the bank
• D)Interests on balances of deposits held at the RBA

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Definitions:

Adequate Employment

Refers to a labor market situation where the number of jobs available is sufficient for the workforce seeking employment.

Poverty

A condition where individuals or communities lack the financial resources to meet basic living necessities such as food, shelter, and healthcare.

Median Household Income

The income of the household lying at the exact middle of the income distribution.

Poverty Level

An officially defined threshold of income that is considered insufficient to meet the basic needs of a household or individual, varying by country.