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Balance sheet shows

  • Assets
  • Liabilities
  • Both assets and liabilities
  • Neither of them

Answer: Option C

Similar Questions :

1. The bank which has the highest number of branches in the world is ?

  • State Bank of India
  • RBS
  • London Bank
  • Canara Bank

Answer: Option A

2. National Housing Bank (NHB) was established in ?

  • 1988
  • 1989
  • 1990
  • 1991

Answer: Option A

Explanation:

Its main function is to develop housing finance in the country.

3. The first bank managed by Indians was ?

  • Oudh Bank
  • Punab National Bank
  • Oriental Bank of Commerce
  • State Bank of India

Answer: Option A

4. Exise duty is imposed on

  • Sale of an item
  • Production of an item
  • Consumption of an item
  • All of above

Answer: Option B

Explanation:

Exise duty is imposed on Production of an item so it is a commodity tax.

5. Who fixes the poverty line ?

  • Governement
  • Lok sabha
  • Rajya sabha
  • Planning Commision

Answer: Option D

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