Which of the following is not a source of borrowings for a bank?
A) Federal funds
B) Eurodollars
C) Transaction deposits
D) Discount loans

Question

Quizplus · Accepted Answer

Transaction deposits are not a source of borrowings for banks. Rather, they are deposits made by customers which banks can use to make loans and investments. Federal funds, Eurodollars, and discount loans are all sources of borrowings for banks.

Which of the Following Is Not a Source of Borrowings