Post Utme Babcock University 2020 General Studies Question 12

Practice objective / multiple choice question 12 from the 2020 Post Utme Babcock University General Studies examination.

Post Utme Babcock University 2020 General Studies Objective / Multiple Choice
Question 12 POST_UTME_BABCOCK_UNIVERSITY • 2020 • GENERAL STUDIES • objective

In the context of the Nigerian economy, what is the primary function of the Central Bank of Nigeria (CBN)?

Answer Options

Correct Answer A. To regulate the money supply and maintain price stability
B. To provide loans to small-scale businesses
C. To manage the country's foreign exchange reserves
D. To collect taxes on behalf of the government
Correct Answer
A
Correct Option:
To regulate the money supply and maintain price stability

About This Question

This is Post Utme Babcock University 2020 General Studies Question 12. It is one of the objective questions from the 2020 Post Utme Babcock University General Studies examination.

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