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Balance sheet shows

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

Answer: Option C

Similar Questions :

1. Reserve bank of India was established on

  • 1st April, 1935
  • 1st April, 1936
  • 1st April, 1937
  • 1st April, 1938

Answer: Option A

Explanation:

Reserve bank of India was established on 1st April, 1935. It was nationalized on 1st January, 1949.

2. Short-term finance is usually for a period ranging up to

  • 6 months
  • 1 Year
  • 2 Years
  • 5 Years

Answer: Option B

3. India is largest producer of Sponge Iron in the world ?

  • True
  • False

Answer: Option A

Explanation:

When ever there is question of True and False, most of times its answer is True, why so? :)

4. National Development Council was constituted on

  • 2 August, 1952
  • 6 August, 1952
  • 8 August, 1952
  • 12 August, 1952

Answer: Option B

5. 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.

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