Utme 2018 Economics Question 4

Practice objective / multiple choice question 4 from the 2018 Utme Economics examination. This question covers Banking .

Utme 2018 Economics Objective / Multiple Choice 2 Difficulty
Topic: Banking
Question 4 UTME • 2018 • ECONOMICS • objective

Commercial bank reserves at the Central Bank have the effect of

Answer Options

A. advancing trade, prospects
Correct Answer B. controlling credit and money supply
C. reducing bank frauds
D. discouraging banking operations
Correct Answer
B
Correct Option:
controlling credit and money supply

About This Question

This is Utme 2018 Economics Question 4. It is one of the objective questions from the 2018 Utme Economics examination.

The question covers Banking .

Difficulty level: 2 .

View More Utme 2018 Economics Questions More Utme Practice Questions Back to Questions

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