Banking Awareness - Types Of Bank Accounts
A bank with a higher CASA ratio is most likely to have:
A bank with a higher CASA ratio is most likely to have:
easy Q13 of 15
Step-by-Step Solution
Step 1: Understand the impact of CASA.
Higher CASA means more low-cost deposits.Step 2: Link cost of funds to profit.
Lower funding cost increases net interest margin.Final Answer:
Better profitability → Option CQuick Check:
Low-cost deposits = higher bank profit ✅
Quick Trick: Higher CASA directly boosts profitability.
Common Mistakes:
MISTAKES- Thinking CASA affects only deposit volume, not profit.
Master "Types Of Bank Accounts" in Banking Awareness
Start learning the concept with an interactive lesson.
Want More Practice?
15+ quiz questions · All difficulty levels · Free
Free Signup - Practice All QuestionsMore Banking Awareness Quizzes