Post Utme Noun 2019 Commerce Question 35

Practice objective / multiple choice question 35 from the 2019 Post Utme Noun Commerce examination.

Post Utme Noun 2019 Commerce Objective / Multiple Choice
Question 35 POST_UTME_NOUN • 2019 • COMMERCE • objective

A bank offers a savings account that earns interest on the deposited amount. This is an example of which of the following types of financial institution?

Answer Options

A. Commercial bank
B. Investment bank
Correct Answer C. Savings bank
D. Central bank
Correct Answer
C
Correct Option:
Savings bank

About This Question

This is Post Utme Noun 2019 Commerce Question 35. It is one of the objective questions from the 2019 Post Utme Noun Commerce examination.

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