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The Central Bank controls money supply through all the following except

The Central Bank controls money supply through all the following except
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Lending to the publics
  • B Bank rate
  • C Legal reserve requirements
  • D Open market operation
Correct Answer: Option A
Explanation:
Lending to the public is not a way of controlling money supply by the central bank. This is because the central banks do not lend money directly to the public.

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