As reported in some major financial newspapers, many times it is said that 'Other Income' boosts the profit of a bank to a substantial level. What is this 'Other Income' for a bank?
1. Commission for selling insurance policies
2. Fee for providing various services (like ATM/Extra Cheque etc.)
3. Interest on advances and loans

Options

A. Only 1
B. Only 2
C. Both 1 and 2
D. Only 3

Answer

C