Search SchoolNGR

Wednesday, 01 April 2026
Register . Login

One method through which the Central Bank can restrict the commercial banks' power ...

One method through which the Central Bank can restrict the commercial banks' power of credit expansion is to?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Demand for increased special deposit
  • B Decrease the cash ratio
  • C Buy securities in the open market
  • D Reduce the rate of interests at which banks borrow from it
Correct Answer: Option A
Explanation:

Share question on: