All of the following are basic functions of a bank's trading activities except:
A) offering investment advice to customers.
B) maintaining an inventory of securities for possible sale to investors.
C) speculating on short-term interest rate movements.
D) All of the above are basic functions of a bank's trading activities.
E) None of the above are basic functions of a bank's trading activities.

Question

Quizplus · Accepted Answer

Trading activities of a bank involve buying and selling of securities for profit. Offering investment advice, maintaining an inventory of securities, and speculating on short-term interest rate movements are all part of these trading activities.

All of the Following Are Basic Functions of a Bank's