Post Utme Uniport 2017 Commerce Question 28

Practice objective / multiple choice question 28 from the 2017 Post Utme Uniport Commerce examination.

Post Utme Uniport 2017 Commerce Objective / Multiple Choice
Question 28 POST_UTME_UNIPORT • 2017 • 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 intermediary?

Answer Options

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

About This Question

This is Post Utme Uniport 2017 Commerce Question 28. It is one of the objective questions from the 2017 Post Utme Uniport Commerce examination.

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