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Wednesday, 29 April 2026
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Examples of joint stock banks are

Examples of joint stock banks are
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Commercial banks
  • B Co-operative credit societies
  • C Central banks
  • D Development banks
Correct Answer: Option A
Explanation:
A joint-stock company is a business owned by people called shareholders. Each shareholder owns company stock in proportion to the number of their shares (certificates of ownership). An example of a joint stock company today is a business type that is somewhere between a partnership and a corporation.

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