Post Utme Delsu 2020 Commerce Question 24

Practice objective / multiple choice question 24 from the 2020 Post Utme Delsu Commerce examination.

Post Utme Delsu 2020 Commerce Objective / Multiple Choice
Question 24 POST_UTME_DELSU • 2020 • COMMERCE • objective

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

Answer Options

A. It provides a safe and secure place to store money
B. It allows individuals to borrow money at a low interest rate
C. It provides a platform for individuals to invest in securities
Correct Answer D. It allows individuals to access credit facilities quickly
Correct Answer
D
Correct Option:
It allows individuals to access credit facilities quickly

About This Question

This is Post Utme Delsu 2020 Commerce Question 24. It is one of the objective questions from the 2020 Post Utme Delsu Commerce examination.

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