Utme 2018 Commerce Question 4

Practice objective / multiple choice question 4 from the 2018 Utme Commerce examination. This question covers Banking .

Utme 2018 Commerce Objective / Multiple Choice 2 Difficulty
Topic: Banking
Question 4 UTME • 2018 • COMMERCE • objective

A loan to a customer with a cheque account at a bank in which the account is allowed to go into debt is

Answer Options

Correct Answer A. over draft
B. commission
C. interest
D. advance
Correct Answer
A
Correct Option:
over draft

About This Question

This is Utme 2018 Commerce Question 4. It is one of the objective questions from the 2018 Utme Commerce examination.

The question covers Banking .

Difficulty level: 2 .

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