Post Utme Ui 2022 Commerce Question 38

Practice objective / multiple choice question 38 from the 2022 Post Utme Ui Commerce examination.

Post Utme Ui 2022 Commerce Objective / Multiple Choice

Question 38 POST_UTME_UI • 2022 • COMMERCE • objective

A bank offers a credit card with a 0% interest rate for the first 6 months. What is the primary risk for the bank?

Correct Answer A. The risk of default by the customer

B. The risk of inflation eroding the value of the loan

C. The risk of interest rate changes affecting the loan

D. The risk of the customer taking on too much debt

Correct Answer

Correct Option:

The risk of default by the customer

This is Post Utme Ui 2022 Commerce Question 38. It is one of the objective questions from the 2022 Post Utme Ui Commerce examination.

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