Which of the Following Is an Interest-Earning Asset of Banks

question 192

Multiple Choice

Which of the following is an interest-earning asset of banks?

• A)Required reserves.
• B)Checkable deposits.
• C)Excess reserves.
• D)None of these are interest-earning assets of banks.

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Definitions:

Contact Management

The process of storing, organizing, and tracking personal and professional contacts, often facilitated by software to help manage relationships with clients and colleagues.

Supply Chain Management

The oversight and management of all the steps required to produce and deliver products or services to the end-user.

Increasing Account Penetration

Refers to strategies and efforts aimed at expanding sales within an existing customer account by offering more products or services.

Service Promises

Service promises are commitments made by a business to deliver a certain level of service to customers, often used to set expectations and build trust.