Question 1 Which of the following is a service provided by commercial banks? O Play a key role in the transmission of monetary policy O Provide payment services O Provide maturity intermediation services O All of the above Question 2 Which of the following statements is NOT true? O Small banks typically focus on the retail side Large banks usually engage in both retail and wholesale banking O Large banks tend to hold more equity than do small banks O Large banks tend to diversify their operations more than small banks