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JAMB Commerce 2020 Objective — Question 33

Question 33 of 40 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2020 Objective paper, with the correct answer and a full explanation.

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33. Microfinance banks is a

  • A. A. Co-operative and thrift bank
  • B. B. Financial institutionCorrect
  • C. C. Commercial banks
  • D. D. Industrial banks

Explanation

Microfinance banks are also one of the financial institutions.

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