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The inter bank indebtedness is settled at the

The inter bank indebtedness is settled at the
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Clearing house
  • B Money market
  • C Discount house
  • D Stock exchange
Correct Answer: Option A
Explanation:
A clearing house is an institution where cheques and other commercial papers drawn on member banks are cancelled against each other so that only net balances are payable

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