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The Assets and Liabilities of Finacle Bank as on December

Question 40

Multiple Choice

The assets and liabilities of Finacle Bank as on December 31,2015,are as follows:
$20,000 of short-term securities issued by governments and private borrowers (about to mature) ,$12,000 of borrowings from the money market,$15,000 of short-term savings accounts,$12,000 of variable-rate loans and securities,$18,000 of long-term loans made at a fixed interest rate,$25,000 of long-term savings and retirement accounts,$22,000 of deposits in the Central Bank (held as legal reserves) ,$550,000 of equity capital provided by the bank's owners,and $500,000 of building and equipment.
What is the total of repriceable assets held by the bank as on December 31,2015?


A) $32,000
B) $50,000
C) $45,000
D) $55,000
E) $52,000

Correct Answer:

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