Utme 2023 Commerce Question 17

Practice objective / multiple choice question 17 from the 2023 Utme Commerce examination. This question covers Commerce .

Utme 2023 Commerce Objective / Multiple Choice 2 Difficulty
Topic: Commerce
Question 17 UTME • 2023 • COMMERCE • objective

An account maintained with a commercial bank for the purpose of foreign exchange transaction is the

Answer Options

A. foreign account
B. international account
C. foreign reserves account
Correct Answer D. domiciliary account
Correct Answer
D
Correct Option:
domiciliary account

About This Question

This is Utme 2023 Commerce Question 17. It is one of the objective questions from the 2023 Utme Commerce examination.

The question covers Commerce .

Difficulty level: 2 .

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