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A financial institution established to raise funds for people who wish to build homes is...

Commerce
WAEC 2024

A financial institution established to raise funds for people who wish to build homes is a

  • A. central bank
  • B. commercial bank.
  • C. development bank
  • D. mortgage bank
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Correct Answer: Option D
Explanation

the major function of Mortage Bank is to provide financing for development and building

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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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