The main similarity between commercial banks and other financial institution is?
COMMERCE
WAEC 1992
The main similarity between commercial banks and other financial institution is?
- A. the acceptance of customers' deposit and making on their behalf
- B. financing of balance of payment deficits
- C. creating and destroying money
- D. giving credits to individuals or organizations
Correct Answer: A. the acceptance of customers' deposit and making on their behalf
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