Post Utme Summit University 2019 Commerce Question 34

Practice objective / multiple choice question 34 from the 2019 Post Utme Summit University Commerce examination.

Post Utme Summit University 2019 Commerce Objective / Multiple Choice
Question 34 POST_UTME_SUMMIT_UNIVERSITY • 2019 • COMMERCE • objective

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

Answer Options

A. Deposit Mobilization
Correct Answer B. Credit Creation
C. Risk Management
D. Investment Management
Correct Answer
B
Correct Option:
Credit Creation

About This Question

This is Post Utme Summit University 2019 Commerce Question 34. It is one of the objective questions from the 2019 Post Utme Summit University Commerce examination.

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