Post Utme Ui 2019 Commerce Question 16

Practice objective / multiple choice question 16 from the 2019 Post Utme Ui Commerce examination.

Post Utme Ui 2019 Commerce Objective / Multiple Choice
Question 16 POST_UTME_UI • 2019 • COMMERCE • objective

The Central Bank of Nigeria (CBN) uses monetary policy to regulate the money supply in the economy. Which of the following instruments is used to reduce the money supply?

Answer Options

A. Open Market Operations (OMO)
Correct Answer B. Reserve Requirements
C. Discount Rate
D. Quantitative Easing
Correct Answer
B
Correct Option:
Reserve Requirements

About This Question

This is Post Utme Ui 2019 Commerce Question 16. It is one of the objective questions from the 2019 Post Utme Ui Commerce examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support