Banks settle their indebtedness in the
...Banks settle their indebtedness in the
discount house
stock exchange market
commercial bank
clearing house
Correct answer is D
A clearing house is a bankers' establishment where cheques and bills from member banks are exchanged, so that only the balances need be paid in cash.
The two main branches of trade are ...
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One of the easiest means of transporting petroleum product is by ...
the machine used for sending telex messages is known as a? ...
The commercialization of public enterprises is aimed at? ...
The promotion of savings culture is a feature of a? ...
One of the major disadvantages of pipeline transportation is its? ...
Who among the following cannot be regarded as an itinerant trader ...
The financial institution established to boost Nigeria's trade with the rest of the world is cal...