Consider the following items included in a Balance Sheet1. Demand deposits2. Borrowings from the other banks3. Cash kept with other banks4. Endorsement of bills of exchange. Which of these are shown in the liability column of the Balance Sheet of a commercial bank?

Public finance is the study of the role of the government in the economy. It is the branch of economics that assesses the government revenue and government expenditure of the public authorities and the adjustment of one or the other to achieve desirable effects and avoid undesirable ones.