The most important difference between community banks and peoples’ bank is that the?

The most important difference between community banks and peoples’ bank is that the?
  • A.
    latter is owned solely by government while the former are not
  • B.
    former cater for ruler dwellers while the latter cater for both rural and urban dwellers
  • C.
    former are service oriented while the latter are profit oriented
  • D.
    latter advances loans to the public while former advance loans to the rural dwellers only.
Correct Answer: Option A
Explanation
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