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One of the functions of commercial banks that cannot be performed by central banks is?

One of the functions of commercial banks that cannot be performed by central banks is?

by Sunday | Dec 25 | Commerce WAEC

A. collection of old notes B. collection of deposits from the public C. issurance of treasury bills D. printing of bank notes Correct Answer: Option B – collection of deposits from the public
One of the functions of commercial banks that cannot be performed by central banks is?

A country’s visible balance of payment is made up of?

by Sunday | Dec 25 | Commerce WAEC

A. interest on loans to foreign countries B. profit from investment abroad C. earnings from goods exported D. dividend earned from companies Correct Answer: Option C
One of the functions of commercial banks that cannot be performed by central banks is?

The quality of money which makes it possible to buy goods in small quantities is

by Sunday | Dec 25 | Commerce WAEC

A. portability B. homogeneity C. divisibility D. durability Correct Answer: Option C – divisibility
One of the functions of commercial banks that cannot be performed by central banks is?

A retail store that sells a single product from a particular manufacturer is a?

by Sunday | Dec 25 | Commerce WAEC

A. tied shop B. shopping mall C. hypermarket D. chain store Correct Answer: Option D – chain store
One of the functions of commercial banks that cannot be performed by central banks is?

A partner who contributes only his name to the formation of a partnership is?

by Sunday | Dec 25 | Commerce WAEC

A. a nominal partner B. a limited partner C. a general partner D. an active partner Correct Answer: Option A – a nominal partner
One of the functions of commercial banks that cannot be performed by central banks is?

Which of the following groups would advocate for the supply of constant electricity to households?

by Sunday | Dec 25 | Commerce WAEC

A. consumers’ association B. credit union C. Employers’ association D. Labour union Correct Answer: Option A – consumers’ association
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