Post Utme Christopher University 2024 Commerce Question 14

Practice objective / multiple choice question 14 from the 2024 Post Utme Christopher University Commerce examination.

Post Utme Christopher University 2024 Commerce Objective / Multiple Choice
Question 14 POST_UTME_CHRISTOPHER_UNIVERSITY • 2024 • COMMERCE • objective

A bank offers a loan to a customer at an interest rate of 12% per annum. This is an example of which of the following banking services?

Answer Options

A. Deposit services
B. Investment services
Correct Answer C. Lending services
D. Payment services
Correct Answer
C
Correct Option:
Lending services

About This Question

This is Post Utme Christopher University 2024 Commerce Question 14. It is one of the objective questions from the 2024 Post Utme Christopher University Commerce examination.

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