Post Utme Elizade University 2025 Commerce Question 5

Practice objective / multiple choice question 5 from the 2025 Post Utme Elizade University Commerce examination.

Post Utme Elizade University 2025 Commerce Objective / Multiple Choice
Question 5 POST_UTME_ELIZADE_UNIVERSITY • 2025 • COMMERCE • objective

A bank's primary function is to act as a financial intermediary between savers and borrowers. It accepts deposits from savers and lends them to borrowers. This is an example of

Answer Options

Correct Answer A. Commercial Bank
B. Central Bank
C. Investment Bank
D. Development Bank
Correct Answer
A
Correct Option:
Commercial Bank

About This Question

This is Post Utme Elizade University 2025 Commerce Question 5. It is one of the objective questions from the 2025 Post Utme Elizade University Commerce examination.

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