Post Utme Caleb University 2021 Commerce Question 28

Practice objective / multiple choice question 28 from the 2021 Post Utme Caleb University Commerce examination.

Post Utme Caleb University 2021 Commerce Objective / Multiple Choice
Question 28 POST_UTME_CALEB_UNIVERSITY • 2021 • COMMERCE • objective

A bank's primary function is to act as a financial intermediary between savers and borrowers. Which of the following is a type of bank?

Answer Options

Correct Answer A. Commercial bank
B. Investment bank
C. Central bank
D. Savings bank
Correct Answer
A
Correct Option:
Commercial bank

About This Question

This is Post Utme Caleb University 2021 Commerce Question 28. It is one of the objective questions from the 2021 Post Utme Caleb University Commerce examination.

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