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O-LevelCommerceBanking7100/12 · May/June 2012 · Q341 Mark

The diagram shows the main functions of a bank. [Diagram: A flowchart with 'main functions' branching to 'receiving deposits', 'transferring payments', and 'X'] What does X represent?

This question uses a diagram from the original paper, which isn't shown here. Open the full paper from the past papers archive to see it.

Alending money
Boffering insurance advice
Cproviding business references
Dsafeguarding valuables

✓ Correct answer

A: lending money

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About this question

Topic
Banking, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source
O-Level Commerce, May/June 2012 Paper 1 Variant 2, question 34.

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