Utme 2023 Commerce Question 37

Practice objective / multiple choice question 37 from the 2023 Utme Commerce examination. This question covers Banking .

Utme 2023 Commerce Objective / Multiple Choice 2 Difficulty
Topic: Banking
Question 37 UTME • 2023 • COMMERCE • objective

Charges for loans paid by commercial banks to the Central Bank of Nigeria are called

Answer Options

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

About This Question

This is Utme 2023 Commerce Question 37. It is one of the objective questions from the 2023 Utme Commerce examination.

The question covers Banking .

Difficulty level: 2 .

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