Post Utme Uniosun 2024 Commerce Question 35

Practice objective / multiple choice question 35 from the 2024 Post Utme Uniosun Commerce examination.

Post Utme Uniosun 2024 Commerce Objective / Multiple Choice
Question 35 POST_UTME_UNIOSUN • 2024 • 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 instrument that a bank uses to manage its liquidity?

Answer Options

A. Commercial paper
Correct Answer B. Certificates of deposit
C. Treasury bills
D. Mortgage-backed securities
Correct Answer
B
Correct Option:
Certificates of deposit

About This Question

This is Post Utme Uniosun 2024 Commerce Question 35. It is one of the objective questions from the 2024 Post Utme Uniosun Commerce examination.

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