Post Utme Futo 2024 Commerce Question 30

Practice objective / multiple choice question 30 from the 2024 Post Utme Futo Commerce examination.

Post Utme Futo 2024 Commerce Objective / Multiple Choice

Question 30 POST_UTME_FUTO • 2024 • COMMERCE • objective

A bank is a financial institution that provides a range of financial services to customers. Which of the following is a correct example of a bank function?

Correct Answer A. Accepting deposits and providing loans to customers.

B. Investing in stocks and bonds on behalf of customers.

C. Providing credit cards and other payment services.

D. Managing investments and retirement accounts.

Correct Answer

Correct Option:

Accepting deposits and providing loans to customers.

This is Post Utme Futo 2024 Commerce Question 30. It is one of the objective questions from the 2024 Post Utme Futo Commerce examination.

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