Capital One Trust is a commercial bank. Which of the following is NOT

QUESTION

Capital One Trust is a commercial bank. Which of the following is NOT one of the ways that it makes money?

A) charging interest on loans
B) charging fees for account maintenance
C) charging fees as forms of penalties
D) issuing government bonds
E) offering life insurance

ANSWER

Answer: D
Explanation: D) Banks make money in three ways: by charging interest on loans, by charging fees for other services, and by offering other financial products, such as life insurance. Commercial banks do NOT issue government bonds.