Post Utme Afe Babalola University 2019 Commerce Question 19

Practice objective / multiple choice question 19 from the 2019 Post Utme Afe Babalola University Commerce examination.

Post Utme Afe Babalola University 2019 Commerce Objective / Multiple Choice
Question 19 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2019 • COMMERCE • objective

A bank's primary function is to act as a financial intermediary between savers and borrowers. What is the name of this function?

Answer Options

A. Lending
B. Depositing
C. Investing
Correct Answer D. Intermediation
Correct Answer
D
Correct Option:
Intermediation

About This Question

This is Post Utme Afe Babalola University 2019 Commerce Question 19. It is one of the objective questions from the 2019 Post Utme Afe Babalola University Commerce examination.

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