3. In a bank's balance sheet, the main item on the liabilities side is

A. term loans

B. deposits

C. government securities

D. home mortgages

4. Which of the following best describes the business of retail banking?

A. Banking services specially designed for high-net-worth individuals

B. Banking transactions in debt securities

C. Banking transactions that involve low-denomination transactions with the household sector

D. Banking transactions that involve high-denomination transactions with the business sector