Whenever some people wish to enter into the business world, it is a must for them to approach a bank. What services do banks provide them in this regard? I. Banks act as payment agents by operating current accounts, paying cheques and receiving payments for them. II. Maintaining account books for them for their day-to-day activities, so that they are not required to appoint account/finance personnel on a regular basis. III. Lending money by way of overdraft, instalment loan, credit or advance for business activities. Select the correct answer using the codes given below:

• A.  Only I
• B.  Only II
• C.  Only III
• D.  I and III
• E.  All of these