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Question 37

The function that distinguishes commercial banks from the central bank is that the former 

  • A.is a lender of last resort
  • B.accepts deposits from the public
  • C.services the public debt
  • D.regulates foreign exchange
Objective

Question details

Exam body
WAEC
Subject
Economics
Year
2017
Question no.
#37
Type
Objective
Previous · Q36one characteristic of money is that it should be? Next · Q38 Direct taxes include?

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