Utme 2022 Commerce Question 12

Practice objective / multiple choice question 12 from the 2022 Utme Commerce examination. This question covers Economics .

Utme 2022 Commerce Objective / Multiple Choice 2 Difficulty
Topic: Economics
Question 12 UTME • 2022 • COMMERCE • objective

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

Answer Options

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

About This Question

This is Utme 2022 Commerce Question 12. It is one of the objective questions from the 2022 Utme Commerce examination.

The question covers Economics .

Difficulty level: 2 .

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