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Friday, 03 July 2026
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Which bank mainly serves as custodian of government funds?

Which bank mainly serves as custodian of government funds?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Commercial bank
  • B Central bank
  • C Community bank
  • D Merchant bank
Correct Answer: Option B
Explanation:
Government accounts and funds are mainly managed and protected by the central bank.

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