Post Utme Wellspring University 2021 Commerce Question 25

Practice objective / multiple choice question 25 from the 2021 Post Utme Wellspring University Commerce examination.

Post Utme Wellspring University 2021 Commerce Objective / Multiple Choice
Question 25 POST_UTME_WELLSPRING_UNIVERSITY • 2021 • COMMERCE • objective

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

Answer Options

Correct Answer A. Commercial Bank
B. Investment Bank
C. Central Bank
D. Development Bank
Correct Answer
A
Correct Option:
Commercial Bank

About This Question

This is Post Utme Wellspring University 2021 Commerce Question 25. It is one of the objective questions from the 2021 Post Utme Wellspring University Commerce examination.

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