Utme 2020 Economics Question 38

Practice objective / multiple choice question 38 from the 2020 Utme Economics examination. This question covers Economics .

Utme 2020 Economics Objective / Multiple Choice 2 Difficulty
Topic: Economics
Question 38 UTME • 2020 • ECONOMICS • objective

The monetary control instrument most effectively used by the Central Bank of Nigeria is the

Answer Options

Correct Answer A. reserve ratio
B. discount rate
C. open market operation
D. merging requirement
Correct Answer
A
Correct Option:
reserve ratio

About This Question

This is Utme 2020 Economics Question 38. It is one of the objective questions from the 2020 Utme Economics examination.

The question covers Economics .

Difficulty level: 2 .

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