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 is A

No explanation has been provided for this answer.