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Which of the following financial institutions accepts and keeps deposits for customers?

Which of the following financial institutions accepts and keeps deposits for customers?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Central bank
  • B Commercial banks
  • C Finance houses
  • D Insurance companies
  • E Stock exchange
Correct Answer: Option B
Explanation:
Commercial banks accept and keep deposits for customers, offering various account types and financial services.

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