Distinguish between commercial banking and investment banking?

Commercial banking refers to a financial institution that accepts deposits, offers checking account services, makes various loans, and offers basic financial products like certificates of deposit (CDs) and savings accounts to individuals and small businesses. A commercial bank is where most people do their banking.

Investment Banking is a financial service provided by a banking division or a finance company. It assists high-net-worth individuals, companies, or government to raise or create capital. ..

answer(b) gdp is not affected by

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