Question 0

The most important economic characteristic differentiating commercial banks from other financial institutions is their?

  • A.function as a safe and profitable store place for savings
  • B.role in financing balance of payment deficits
  • C.status as an intermediary between savers and borrowers
  • D.ability to create and destory money
  • E.
Objective

Question details

Exam body
JAMB
Subject
Economics
Year
1986
Question no.
#0
Type
Objective

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