Post Utme Babcock University 2023 Commerce Question 20

Practice objective / multiple choice question 20 from the 2023 Post Utme Babcock University Commerce examination.

Post Utme Babcock University 2023 Commerce Objective / Multiple Choice

Question 20 POST_UTME_BABCOCK_UNIVERSITY • 2023 • COMMERCE • objective

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

Answer Options

A. Increased liquidity for borrowers

B. Improved access to new markets and customers

Correct Answer C. Reduced risk for savers

D. Increased government revenue through taxes

Correct Answer

Correct Option:

Reduced risk for savers

About This Question

This is Post Utme Babcock University 2023 Commerce Question 20. It is one of the objective questions from the 2023 Post Utme Babcock University Commerce examination.

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