Post Utme Rhema University 2025 Commerce Question 22

Practice objective / multiple choice question 22 from the 2025 Post Utme Rhema University Commerce examination.

Post Utme Rhema University 2025 Commerce Objective / Multiple Choice
Question 22 POST_UTME_RHEMA_UNIVERSITY • 2025 • COMMERCE • objective

A bank's primary function is to act as a financial intermediary between savers and borrowers. What is the name of the process by which a bank creates new money?

Answer Options

Correct Answer A. Fractional Reserve Banking
B. Open Market Operations
C. Monetary Policy
D. Fiscal Policy
Correct Answer
A
Correct Option:
Fractional Reserve Banking

About This Question

This is Post Utme Rhema University 2025 Commerce Question 22. It is one of the objective questions from the 2025 Post Utme Rhema University Commerce examination.

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