Post Utme Uniosun 2023 Commerce Question 21

Practice objective / multiple choice question 21 from the 2023 Post Utme Uniosun Commerce examination.

Post Utme Uniosun 2023 Commerce Objective / Multiple Choice
Question 21 POST_UTME_UNIOSUN • 2023 • COMMERCE • objective

A commercial bank's primary function is to act as a financial intermediary between savers and borrowers. However, it also provides other services such as cash management, foreign exchange, and investment advice. Which of the following is NOT a primary function of a commercial bank?

Answer Options

A. Accepting deposits from the public
B. Providing investment advice
C. Acting as a financial intermediary
Correct Answer D. Issuing credit cards
Correct Answer
D
Correct Option:
Issuing credit cards

About This Question

This is Post Utme Uniosun 2023 Commerce Question 21. It is one of the objective questions from the 2023 Post Utme Uniosun Commerce examination.

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