Post Utme Lautech 2019 Commerce Question 7

Practice objective / multiple choice question 7 from the 2019 Post Utme Lautech Commerce examination.

Post Utme Lautech 2019 Commerce Objective / Multiple Choice

Question 7 POST_UTME_LAUTECH • 2019 • COMMERCE • objective

A bank's primary function is to act as a financial intermediary between savers and borrowers. Which of the following is a type of financial intermediary?

Answer Options

Correct Answer A. Commercial bank

B. Investment bank

C. Central bank

D. Merchant bank

Correct Answer

Correct Option:

Commercial bank

About This Question

This is Post Utme Lautech 2019 Commerce Question 7. It is one of the objective questions from the 2019 Post Utme Lautech Commerce examination.

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