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What is NOT a means of Central Bank’s controlling the credit policy of commercial banks?

Commerce
NECO 2001
What is NOT a means of Central Bank’s controlling the credit policy of commercial banks?
  • A. banker's bank
  • B. bank rate
  • C. cash /liquidity ratio
  • D. funding operations
  • E. open market operations
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Correct Answer: Option D
Explanation
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts