Post Utme Unn 2025 Commerce Question 21

Practice objective / multiple choice question 21 from the 2025 Post Utme Unn Commerce examination.

Post Utme Unn 2025 Commerce Objective / Multiple Choice
Question 21 POST_UTME_UNN • 2025 • COMMERCE • objective

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

Answer Options

A. Open Market Operations (OMO)
Correct Answer B. Reserve Requirements
C. Discount Rate
D. Selective Credit Controls
Correct Answer
B
Correct Option:
Reserve Requirements

About This Question

This is Post Utme Unn 2025 Commerce Question 21. It is one of the objective questions from the 2025 Post Utme Unn Commerce examination.

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