JAMB Economics 2014 Objective — Question 29

Question 29 of 50 from the Joint Admissions and Matriculation Board (JAMB) Economics 2014 Objective paper, with the correct answer and a full explanation.

One of the challenges facing the banking industry in Nigeria is

A. creating more money
B. ensuring technological securityCorrect
C. providing employment
D. providing loans for investment

Explanation

Ensuring technological security is a major challenge to the banking industry in Nigeria, because of the rate at which people perpetrate unlawful acts through technology in banking.

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