which of the following is a bank's responsibility to it's shareholders?
Answer Details
A bank's responsibility to its shareholders is primarily to make profits. Shareholders are the owners of the bank, and they expect to earn a return on their investment. The bank must manage its operations in a way that generates profits, which may involve lending money, investing in securities, and charging fees for services. The profits made by the bank are distributed to shareholders in the form of dividends or reinvested in the bank to support its growth. While a bank may play a role in preventing inflation or issuing currencies, these are generally considered to be responsibilities of central banks or government authorities rather than commercial banks.