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Banks aid economic expansion and development by?
Classroom
Economics Classroom
Jamb
Jamb 1991
Financial Institutions
The Role Of Financial Institutions In Economic Development
More Topics
Banks aid economic expansion and development by?
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
Being very strict in lending policies
B
Mobilizing savings for investment lending
C
Paying interest on deposit accounts
D
Charging high interest on loans
Show Answer
Show Explanation
Correct Answer:
Option B
Explanation:
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Study Subjects
Accounts - Principles of Accounts
Animal Husbandry
Aptitude Test
Agricultural Science
Arabic
Auto Mechanics
Basic Electronics
Biology
Bookkeeping
Block laying, bricklaying, and concreting work
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