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Which institution acts as banker’s bank?

Which institution acts as banker’s bank?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Mortgage institution
  • B Commercial bank
  • C Central bank
  • D Cooperative bank
Correct Answer: Option C
Explanation:
Commercial banks maintain accounts with the central bank and receive support from it when necessary.

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