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For a bank, the main liability is the___________.
Question

For a bank, the main liability is the___________.

A.

assets

B.

loans

C.

economic rent

D.

deposits

Correct option is D

The answer is (d) deposits.
In the context of a bank, the main liability refers to the deposits held by the bank. Deposits are the funds that customers entrust to the bank for safekeeping and use in various financial services. These deposits can be in the form of savings accounts, checking accounts, certificates of deposit (CDs), and other types of accounts. The bank is responsible for safeguarding these funds and making them available to customers when needed.
 

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