Post Utme Lasu 2018 Commerce Question 15

Practice objective / multiple choice question 15 from the 2018 Post Utme Lasu Commerce examination.

Post Utme Lasu 2018 Commerce Objective / Multiple Choice
Question 15 POST_UTME_LASU • 2018 • COMMERCE • objective

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

Answer Options

A. It provides a safe place to store money
B. It offers a wide range of financial services
Correct Answer C. It provides a low-cost way to borrow money
D. It offers a high return on investment
Correct Answer
C
Correct Option:
It provides a low-cost way to borrow money

About This Question

This is Post Utme Lasu 2018 Commerce Question 15. It is one of the objective questions from the 2018 Post Utme Lasu Commerce examination.

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