Question 0

The basic purpose of imposing legal reserve requirements on commercial bank is to?

  • A.assure the profitability of commercial banks
  • B.provide a device through which credit creation by banks can be controlled
  • C.provide a proper ratio between earning and non-earning bank assets
  • D.provide the Central Bank with working capital
  • E.
Objective

Question details

Exam body
JAMB
Subject
Economics
Year
1990
Question no.
#0
Type
Objective

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