Post Utme Al Hikmah University 2025 Economics Question 3

Practice objective / multiple choice question 3 from the 2025 Post Utme Al Hikmah University Economics examination.

Post Utme Al Hikmah University 2025 Economics Objective / Multiple Choice
Question 3 POST_UTME_AL-HIKMAH_UNIVERSITY • 2025 • ECONOMICS • objective

The Central Bank of Nigeria has increased the reserve requirement for commercial banks from 10% to 15%. This is an example of which type of monetary policy?

Answer Options

A. Expansionary monetary policy
B. Contractionary monetary policy
Correct Answer C. Monetary tightening
D. Monetary ea\sing
Correct Answer
C
Correct Option:
Monetary tightening

About This Question

This is Post Utme Al Hikmah University 2025 Economics Question 3. It is one of the objective questions from the 2025 Post Utme Al Hikmah University Economics examination.

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