Post Utme Lautech 2018 Commerce Question 35

Practice objective / multiple choice question 35 from the 2018 Post Utme Lautech Commerce examination.

Post Utme Lautech 2018 Commerce Objective / Multiple Choice

Question 35 POST_UTME_LAUTECH • 2018 • COMMERCE • objective

A bank's primary function is to act as a financial intermediary. Which of the following is a key service provided by a bank?

Answer Options

A. Accepting deposits from the public.

Correct Answer B. Providing loans to customers.

C. Investing in government securities.

D. Acting as a financial advisor.

Correct Answer

Correct Option:

Providing loans to customers.

About This Question

This is Post Utme Lautech 2018 Commerce Question 35. It is one of the objective questions from the 2018 Post Utme Lautech Commerce examination.

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