Question on: JAMB Commerce - 1998
The most important difference between community banks and peoples’ bank is that the?
A
latter is owned solely by government while the former are not
B
former cater for ruler dwellers while the latter cater for both rural and urban dwellers
C
former are service oriented while the latter are profit oriented
D
latter advances loans to the public while former advance loans to the rural dwellers only.
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Correct Option: A
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