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Question 23

Which of following is function of merchant banks?

  • A.Acting as banker's bank
  • B. lending to the commercial banks as a last resort
  • C. controlling inflation in the economy
  • D.underwriting and issuing of shares
Objective

Question details

Exam body
UNIBEN
Subject
General Paper
Year
2019/2020 - Model
Question no.
#23
Type
Objective
Previous · Q22Derived demand is normally used with reference to Next · Q24 The main source of government revenue in Nigeria is

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