Post Utme Igbinedion University 2025 Commerce Question 39

Practice objective / multiple choice question 39 from the 2025 Post Utme Igbinedion University Commerce examination.

Post Utme Igbinedion University 2025 Commerce Objective / Multiple Choice
Question 39 POST_UTME_IGBINEDION_UNIVERSITY • 2025 • COMMERCE • objective

A bank's financial services include loans and credit facilities. Which of the following is a type of loan that is secured by collateral?

Answer Options

Correct Answer A. Mortgage Loan
B. Personal Loan
C. Overdraft Facility
D. Business Loan
Correct Answer
A
Correct Option:
Mortgage Loan

About This Question

This is Post Utme Igbinedion University 2025 Commerce Question 39. It is one of the objective questions from the 2025 Post Utme Igbinedion University Commerce examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support