Post Utme Lautech 2025 Commerce Question 16

Practice objective / multiple choice question 16 from the 2025 Post Utme Lautech Commerce examination.

Post Utme Lautech 2025 Commerce Objective / Multiple Choice
Question 16 POST_UTME_LAUTECH • 2025 • 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 (OMO)
Correct Answer B. Reserve Requirements
C. Cash Reserve Ratio (CRR)
D. Statutory Reserve Requirements
Correct Answer
B
Correct Option:
Reserve Requirements

About This Question

This is Post Utme Lautech 2025 Commerce Question 16. It is one of the objective questions from the 2025 Post Utme Lautech Commerce examination.

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