Post Utme Achievers University 2018 Commerce Question 18

Practice objective / multiple choice question 18 from the 2018 Post Utme Achievers University Commerce examination.

Post Utme Achievers University 2018 Commerce Objective / Multiple Choice
Question 18 POST_UTME_ACHIEVERS_UNIVERSITY • 2018 • COMMERCE • objective

A bank's primary function is to act as a financial intermediary between savers and borrowers. Which of the following banking services is most closely related to this function?

Answer Options

A. Acceptance of deposits
Correct Answer B. Extension of credit
C. Payment and clearing services
D. Investment services
Correct Answer
B
Correct Option:
Extension of credit

About This Question

This is Post Utme Achievers University 2018 Commerce Question 18. It is one of the objective questions from the 2018 Post Utme Achievers University Commerce examination.

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