Identify the Incorrect Statement Pertaining to Commercial Banks

question 67

Multiple Choice

Identify the incorrect statement pertaining to commercial banks.

• A)They perform an indirect connection function.
• B)They lend investors money to borrowers at a higher rate of interest,making a profit from the difference in interest rates.
• C)They bring investors and borrowers together and charge commissions for it.
• D)They take cash deposits from corporations and individuals and pay them a rate of interest in return.

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Definitions:

Digestive Processes

The complex series of actions that break down food into nutrients the body can absorb and use for energy, cellular repair, and growth.

Fibrous Foods

Foods that are high in dietary fiber, which is beneficial for digestion and can help prevent constipation.

Immaturity

The state of being not fully developed or grown, often referring to behavior, emotional state, or physical development.