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1431

When a customer writes a cheque in his name and withdraws cash with it from his account he is both the?

  • A. drawee and the payee
  • B. drawer and the payee
  • C. drawee and the drawer
  • D. drawer and the payee
View Answer & Discuss (2) WAEC 2000
1432
Which of the following is a means of payments through the post office?
  • A. Standing Order
  • B. Promissory note
  • C. Money order
  • D. Telegraphic transfer
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1433
Which of the following encourages people to save towards owning a house?
  • A. Merchant bank
  • B. Development bank
  • C. Mortgage bank
  • D. Commercial bank
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1434
Which of the following services is not rendered by commercial banks?
  • A. Business advice
  • B. Currency notes issue
  • C. Accepting deposits
  • D. Credit transfer
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1435
A retirement insurance policy which enables the assured to receive income for a specific period is?
  • A. annuity
  • B. endowment
  • C. whole life
  • D. fidelity guarantee
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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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