Explanation
- A
Advances
(a) Advances are loans and are assets of a commercial bank. The question asks what is not an asset, so this is not the key.
- B
Deposits
(b) Deposits are the bank’s liabilities to customers, not assets. That is why deposits are the official key as the item that does not belong on the asset side.
- C
Investments
(c) Investments (G-Secs, approved securities) are assets. This option is not the key.
- D
Money at call and short notice
(d) Money at call and short notice is a money-market asset. This option is not the key.
Summary. Official key is (b). On a commercial bank’s balance sheet, deposits are liabilities. Advances, investments and call money are assets. The question asks for the non-asset. Honour (b).
Same topic · past papers
UPSC has asked this before
These previous-year questions sit on the same topic. Open one to practise the earlier ask.
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