Post Utme Joseph Ayo Babalola University 2017 Commerce Question 25

Practice objective / multiple choice question 25 from the 2017 Post Utme Joseph Ayo Babalola University Commerce examination.

Post Utme Joseph Ayo Babalola University 2017 Commerce Objective / Multiple Choice
Question 25 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2017 • COMMERCE • objective

A bank is a financial institution that provides various financial services to its customers. What is the primary function of a bank?

Answer Options

A. To provide loans
Correct Answer B. To accept deposits
C. To facilitate foreign exchange
D. To provide investment advice
Correct Answer
B
Correct Option:
To accept deposits

About This Question

This is Post Utme Joseph Ayo Babalola University 2017 Commerce Question 25. It is one of the objective questions from the 2017 Post Utme Joseph Ayo Babalola University Commerce examination.

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