Which of the following is not a financial institution?

Assessment: WAEC SSCE - Commerce - 2000 (Objective) Subject: Commerce

Question 1 Report

Which of the following is not a financial institution?
Answer Details
The financial institution refers to an establishment that manages financial transactions, such as loans, investments, and deposits. Therefore, the option that is not a financial institution is the Commodity Board. A commodity board is an organization that manages the production and marketing of specific commodities, such as coffee or cotton, and does not deal with financial transactions.

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