Utme 2020 Economics Question 19

Practice objective / multiple choice question 19 from the 2020 Utme Economics examination. This question covers Economics .

Utme 2020 Economics Objective / Multiple Choice 2 Difficulty
Topic: Economics
Question 19 UTME • 2020 • ECONOMICS • objective

Life insurance companies contribute to economic development by holding a part of their assets in

Answer Options

Correct Answer A. cash and near money
B. short-term financial instrument
C. long-term financial instrument
D. money market instrument
Correct Answer
A
Correct Option:
cash and near money

About This Question

This is Utme 2020 Economics Question 19. It is one of the objective questions from the 2020 Utme Economics examination.

The question covers Economics .

Difficulty level: 2 .

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