Concept:Commercial banks perform banking functions but do not have the authority to issue currency notes.
Explanation:Commercial banks are owned by private individuals, institutions, or governments.
They are usually set up as limited liability companies.
Their main aim is to earn profit.
Accepting deposits and giving loans are key features.
However, issuing bank notes is the exclusive duty of the central bank, not a commercial bank.
Therefore, the characteristic that does not apply to a commercial bank is note issuance.
Answer:C. Established to issue bank notes.