Which of the following is not included in the assets of a commercial bank in India?
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yunuskhanj786:
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Explanation:
As per the definition of an asset-
The asset is the valuable possession of the business owners. This asset can be tangible or intangible. These have a certain market and monetary value. These can easily be converted into cash.
Current account deposits are not taken as assets by the commercial banks due to the nature of the transaction involved. The current account deposit has cash has no permanent value due to the frequency of transactions.
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