Which one of the following statement is incorrect regarding commercial banking? 1. It deals with money. It accepts deposits and advance loans. 2. It deals with credit and has power to create credit. 3. It deals with the general public 4. It is not a commercial institutions whose aim is to earn profit

Which one of the following statement is incorrect regarding commercial

1.	Which one of the following statement is incorrect regarding commercial banking? 1. It deals with money. It accepts deposits and advance loans. 2. It deals with credit and has power to create credit. 3. It deals with the general public 4. It is not a commercial institutions whose aim is to earn profit
Answer» 4. It is not a commercial institutions whose aim is to earn profit

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