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Which of the following is used by the Central Bank to control the rate of interest?
Classroom
Economics Classroom
Jamb
Jamb 1986
Financial Institutions
Types And Functions Of Financial Institutions
Central Bank
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Which of the following is used by the Central Bank to control the rate of interest?
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
Bill of Exchange
B
Banker's order
C
Fixed deposit account
D
Open market operation
Show Answer
Show Explanation
Correct Answer:
Option B
Explanation:
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Accounts - Principles of Accounts
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