Utme 2018 Commerce Question 24

Practice objective / multiple choice question 24 from the 2018 Utme Commerce examination. This question covers Banking .

Utme 2018 Commerce Objective / Multiple Choice 2 Difficulty
Topic: Banking
Question 24 UTME • 2018 • COMMERCE • objective

Charges for loans paid by commercial banks to the central bank of Nigeria are called

Answer Options

A. Credit charges
Correct Answer B. bank rates
C. bank charges
D. interest rates
Correct Answer
B
Correct Option:
bank rates

About This Question

This is Utme 2018 Commerce Question 24. It is one of the objective questions from the 2018 Utme Commerce examination.

The question covers Banking .

Difficulty level: 2 .

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