asked 200k views
3 votes
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

1 Answer

4 votes
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.
answered
User Pati Ram Yadav
by
8.7k points
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