Post Utme Babcock University 2017 Commerce Question 38

Practice objective / multiple choice question 38 from the 2017 Post Utme Babcock University Commerce examination.

Post Utme Babcock University 2017 Commerce Objective / Multiple Choice

Question 38 POST_UTME_BABCOCK_UNIVERSITY • 2017 • COMMERCE • objective

A bank is a financial institution that provides financial services to customers. What is the main function of a bank?

Answer Options

A. To provide loans and credit to customers

B. To accept deposits and provide savings accounts

Correct Answer C. To facilitate transactions and payments

D. To invest and manage investments

Correct Answer

Correct Option:

To facilitate transactions and payments

About This Question

This is Post Utme Babcock University 2017 Commerce Question 38. It is one of the objective questions from the 2017 Post Utme Babcock University Commerce examination.

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