Question 0

One method through which the Central Bank can restrict the commercial banks' power of credit expansion is to?

  • A.demand for increased special deposit
  • B.decrease the cash ratio
  • C.buy securities in the open market
  • D.reduce the rate of interests at which banks borrow from it
  • E.
Objective

Question details

Exam body
JAMB
Subject
Economics
Year
1995
Question no.
#0
Type
Objective

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