Post Utme Bsu 2017 Commerce Question 3
Practice objective / multiple choice question 3 from the 2017 Post Utme Bsu Commerce examination.
A bank is considering a new loan product that offers a variable interest rate tied to the prime lending rate. The loan product has a fixed term of 5 years and a minimum loan amount of ₦500,000. What type of risk is the bank taking on by offering this loan product?
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About This Question
This is Post Utme Bsu 2017 Commerce Question 3. It is one of the objective questions from the 2017 Post Utme Bsu Commerce examination.
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