Question 33
Financial InstitutionsWhich of the following assets of a commercial bank does not yield revenue?
- A.Money in the tills of the bank
- B.Money at call
- C.Treasury certificates
- D.Treasury bills
- E.Bills of exchange.
Show the answer and explanation
Answer: A (Money in the tills of the bank)
Explanation
Cash kept in the tills earns no interest; the other assets are loans or securities that pay interest.