Post Utme Igbinedion University 2021 Commerce Question 23

Practice objective / multiple choice question 23 from the 2021 Post Utme Igbinedion University Commerce examination.

Post Utme Igbinedion University 2021 Commerce Objective / Multiple Choice
Question 23 POST_UTME_IGBINEDION_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 NOT a type of financial intermediary?

Answer Options

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

About This Question

This is Post Utme Igbinedion University 2021 Commerce Question 23. It is one of the objective questions from the 2021 Post Utme Igbinedion University Commerce examination.

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