1.

Briefly explain the term Expenditure in case of a bank.

Answer»

1. The key expense of a bank is interest on deposits that are made with it. These could be in the form of term (fixed) or savings bank account deposits. 

2. The second biggest expense head for a bank would be its operating expenses. This head would include all operational costs.

 3. It includes employee costs, advertisement and publicity costs, administrative costs, rent, lighting and stationary.



Discussion

No Comment Found

Related InterviewSolutions