MCQOPTIONS
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| 1. |
Which of the following would best describe the role of a merchant bank? |
| A. | To monitor the activities of publicly-list companies |
| B. | To act as banker and financial agent to the federal government |
| C. | To provide borrowing and leading services, primarily to the business sector |
| D. | To provide loans to the corporate sector through receipts of insurance premiums |
| Answer» D. To provide loans to the corporate sector through receipts of insurance premiums | |