Search SchoolNGR

Friday, 17 July 2026
Register . Login

one of the function of a commercial bank is that it

one of the function of a commercial bank is that it
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Is responsible for formulating monetary policies
  • B Accepts demand and time deposits from constomers
  • C Is the lender of the last resort
  • D Is the banker of the government
  • E Is responsible for issuing currency notes
Correct Answer: Option B
Explanation:

Share question on: