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Which of the following is NOT a function of a 21st century bank? a. pay interest b. lend money c. accept tax payments d. issue credit cards
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Nov 24, 2016
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Which of the following is NOT a function of a 21st century bank?
a. pay interest
b. lend money
c. accept tax payments
d. issue credit cards
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high-school
James Scriven
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James Scriven
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banks do pay interest to the people who save money on their accounts, they lend money and issue credit cards.
What they don't do is accept tax payments: tax is owed to the government, not to the banks.
Pati Ram Yadav
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Nov 30, 2016
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Pati Ram Yadav
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