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Which of the following central bank functions inspires confidence in the banking system in case...

Commerce
WAEC 2004
Which of the following central bank functions inspires confidence in the banking system in case of emergency?
  • A. issuing of currency
  • B. lender of last resort
  • C. baker's bank
  • D. banker to the government
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Correct Answer: Option B
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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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WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
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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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