Post Utme Skyline University 2024 General Studies Question 2

Practice objective / multiple choice question 2 from the 2024 Post Utme Skyline University General Studies examination.

Post Utme Skyline University 2024 General Studies Objective / Multiple Choice
Question 2 POST_UTME_SKYLINE_UNIVERSITY • 2024 • 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 entrepreneurs
C. To manage the country's foreign exchange reserves
D. To supervise and regulate commercial banks
Correct Answer
A
Correct Option:
To regulate the money supply and maintain price stability

About This Question

This is Post Utme Skyline University 2024 General Studies Question 2. It is one of the objective questions from the 2024 Post Utme Skyline University General Studies examination.

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