Which of the following is a function of the central bank?

a

Accepting deposits from the public

b

Agent of payment for individuals

c

Discounting bills of exchange

d

Issuing of currency

e

Provision of short term housing loans

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d

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Discussions (2)

Bayo4G
1 year ago

central Bank deal with the distribution of currency around the country

Max09
2 years ago

The sole aim of the CBN is to produce money for people; issue out money

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