Post Utme Skyline University 2022 Commerce Question 6

Practice objective / multiple choice question 6 from the 2022 Post Utme Skyline University Commerce examination.

Post Utme Skyline University 2022 Commerce Objective / Multiple Choice
Question 6 POST_UTME_SKYLINE_UNIVERSITY • 2022 • COMMERCE • objective

What is the primary function of the Central Bank of Nigeria (CBN) in the Nigerian banking system?

Answer Options

Correct Answer A. To regulate and supervise commercial banks
B. To provide loans to commercial banks
C. To manage the country's foreign exchange
D. To print and distribute currency
Correct Answer
A
Correct Option:
To regulate and supervise commercial banks

About This Question

This is Post Utme Skyline University 2022 Commerce Question 6. It is one of the objective questions from the 2022 Post Utme Skyline University Commerce examination.

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