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The statement "Commercial banks and investment banks offer the same services and are very competitive in landing new customers" is: False.
A commercial bank is a financial institution that enables account holders to carryout transaction such as applying for loans, deposit, withdrawal etc.
While investment bank on the other hand rendered service to investors corporate and as well deals in buying and selling of bonds.
Commercial bank and investment banks does not provide or rendered the same service.
Inconclusion the statement is false.
Learn more about commercial bank and investment bank here:https://brainly.com/question/15390021