How is an investment bank different from a commercial bank?

A. An investment bank is a nonprofit entity; a commercial bank is a for-profit entity.
B. An investment bank and a commercial bank refer to the same entity; there is no difference between them.
C. An investment bank is a nondepository institution; a commercial bank takes customer's deposits.
D. A commercial bank deals with the general public only; an investment bank only deals with the government and large companies.

@ganeshie8

Question

How is an investment bank different from a commercial bank?

 		A.	An investment bank is a nonprofit entity; a commercial bank is a for-profit entity.
 		B.	An investment bank and a commercial bank refer to the same entity; there is no difference between them.
 		C.	An investment bank is a nondepository institution; a commercial bank takes customer's deposits.
 		D.	A commercial bank deals with the general public only; an investment bank only deals with the government and large companies.

@ganeshie8

ganeshie8 · Answer

A and B are not correct for sure

ganeshie8 · Answer

in investment bank u dont deposit money, instead u take risk and invest money. so im inclining toward C