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Which of the following is not a means of controlling credit by the Central Bank?

Commerce
WAEC 1998
Which of the following is not a means of controlling credit by the Central Bank?
  • A. Fixing the bank rate
  • B. Open market operations
  • C. Clearing inter-bank indebtedness
  • D. Special deposits
  • E. Cashliquidity ratio
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Correct Answer: Option C
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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Post UTME Past Questions Agent
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