The Central Bank controls money supply through all the following except

Economics

WAEC 2010

A. lending to the publics
B. bank rate
C. legal reserve requirements
D. open market operation

Your School's Whatsapp Group - Join Us now

WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now

Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts

Correct Answer: Option A

Explanation

Lending to the public is not a way of controlling money supply by the central bank. This is because the central banks do not lend money directly to the public.

Previous Next

Go back to Econs classroom

Report an Error Ask A Question Download App

WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now

Contributions ({{ comment_count }})

Please wait...

{{ settings.no_comment_msg ? settings.no_comment_msg : 'There are no comments' }}

Quick Questions

If the power of a lens is +2.5D. Calculate the radius of curvature (a). 80cm (b). 40cm (c). 25cm (d).... Answer this

1 Answers · Physics · 2 days ago
Subjects to learn under petroleum engineering? Answer this

1 Answers · 2 days ago
what is the cut of mark for medical doctor in university and list all the university? Answer this

1 Answers · 21 hours ago

The Central Bank controls money supply through all the following except

Correct Answer: Option A

Explanation

Contributions ({{ comment_count }})

Please wait...

Modal title

Report

Block User

{{ feedback_modal_data.title }}

Quick Questions

Post your Contribution

Sign In