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Thursday, 02 April 2026
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An issue of bank-notes not backed by gold but by government securities is known as?

An issue of bank-notes not backed by gold but by government securities is known as?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Fiduciary isssue
  • B Guaranteed money
  • C Seignior age
  • D Legal tender
Correct Answer: Option A
Explanation:

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