The commercial banks differ from non-bank financial institutions because they?

By: |Published on: Oct 28|Categories: Economics JAMB| 0 comments

A. Accept deposits withdrawable by cheque
B. Mobilize savings
C. Invest surplus funds
D. Contribute to economic development

Correct Answer:

Option A – Accept deposits withdrawable by cheque

Users Also Read These:

SEE ALSO  The maximum amount of money a company is allowed to raise by issuing shares to the public is called?

Copyright warnings! Do not copy.