WAEC - Economics (2014 - No. 14)
Examples of joint stock banks are
commercial banks
co-operative credit societies
central banks
development banks
Wyjaśnienie
A joint-stock company is a business owned by people called shareholders. Each shareholder owns company stock in proportion to the number of their shares (certificates of ownership). An example of a joint stock company today is a business type that is somewhere between a partnership and a corporation.