JAMB Economics 2019 Objective — Question 10

Question 10 of 40 from the Joint Admissions and Matriculation Board (JAMB) Economics 2019 Objective paper, with the correct answer and a full explanation.

Insurance companies invest mainly in instruments traded on the

A. capital market, such as sharesCorrect
B. money market
C. commodity market
D. open market

Explanation

Insurance companies invest mainly in instruments traded on the capital market, such as shares.

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