Question

Which of these is not commercial bank service ?
a) ATM
b) Extending banks Nation wide
c) Clearing House
d) M-banking​

Answer 1

Answer:

clearing House

Explanation:

because cleaning is not a commercial bank service

Answer 2

c)Clearing House is not a commercial bank service.

Explanation:

A clearing house is a financial institution formed to perform various forms of payments, exchanges, and securities. It is a trade between two firms namely a buyer and seller in a financial market.

• An Automated Teller Machine(ATM) is an electronic device that provides cash, deposits, and withdrawals services given by bank.
• Extending banks nationwide is also a service provided by banks to extend their reach.

• Mobile banking (M-banking) is also another service provided by banks to ease customers' work.

Hence, all these services come under the function of a commercial bank but not a clearinghouse.