Post Utme Ims U 2017 Commerce Question 10

Practice objective / multiple choice question 10 from the 2017 Post Utme Ims U Commerce examination.

Post Utme Ims U 2017 Commerce Objective / Multiple Choice
Question 10 POST_UTME_IMS_U • 2017 • COMMERCE • objective

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

Answer Options

A. Increased interest rates
B. Reduced transaction costs
Correct Answer C. Improved liquidity
D. Increased risk
Correct Answer
C
Correct Option:
Improved liquidity

About This Question

This is Post Utme Ims U 2017 Commerce Question 10. It is one of the objective questions from the 2017 Post Utme Ims U Commerce examination.

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