Utme 2019 Commerce Question 19

Practice objective / multiple choice question 19 from the 2019 Utme Commerce examination. This question covers Economics .

Utme 2019 Commerce Objective / Multiple Choice 3 Difficulty
Topic: Economics
Question 19 UTME • 2019 • COMMERCE • objective

To increase the purchasing power of money in a country, the central bank has to

Answer Options

A. call on special deposits
B. raise cash ratio
C. reduce cash ratio
Correct Answer D. sell securities in the open market
Correct Answer
D
Correct Option:
sell securities in the open market

About This Question

This is Utme 2019 Commerce Question 19. It is one of the objective questions from the 2019 Utme Commerce examination.

The question covers Economics .

Difficulty level: 3 .

View More Utme 2019 Commerce Questions More Utme Practice Questions Back to Questions

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