Post Utme Achievers University 2018 Commerce Question 34

Practice objective / multiple choice question 34 from the 2018 Post Utme Achievers University Commerce examination.

Post Utme Achievers University 2018 Commerce Objective / Multiple Choice
Question 34 POST_UTME_ACHIEVERS_UNIVERSITY • 2018 • COMMERCE • objective

The Central Bank of Nigeria (CBN) uses the monetary policy framework to regulate the money supply in the economy. Which of the following instruments is used by the CBN to reduce the money supply?

Answer Options

A. Open Market Operations
Correct Answer B. Reserve Requirements
C. Discount Rate
D. Selective Credit Controls
Correct Answer
B
Correct Option:
Reserve Requirements

About This Question

This is Post Utme Achievers University 2018 Commerce Question 34. It is one of the objective questions from the 2018 Post Utme Achievers University Commerce examination.

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