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    Question

    Which of the following services is typically offered by

    merchant banks but not by traditional commercial banks?
    A Offering personal loans and credit facilities. Correct Answer Incorrect Answer
    B Providing advisory services for mergers, acquisitions, and restructuring. Correct Answer Incorrect Answer
    C Accepting customer deposits and offering savings accounts. Correct Answer Incorrect Answer
    D Managing retail banking services and mortgage lending. Correct Answer Incorrect Answer
    E Providing business loans for small enterprises. Correct Answer Incorrect Answer

    Solution

    Merchant banks provide┬а specialized form of financial services offering services which include helping businesses raise capital, managing public issues, and providing advisory services for┬а on mergers, acquisitions, and corporate restructuring. These are typically not provided by commercial banks, which are engaged in the business of accepting public deposits and lending.

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