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Open Market Operation (OMO) means the

Open Market Operation (OMO) means the
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Provision of credit facilities by commercial banks
  • B Provision of credit facilities by the mortgage banks
  • C Buying and selling of government securities by the central banks
  • D Procedure for the establishment of commercial banks
Correct Answer: Option C
Explanation:

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