Which of the following is not a means of controlling credit by the Central Bank?...

COMMERCE
WAEC 1998

Which of the following is not a means of controlling credit by the Central Bank?

  • A. Fixing the bank rate
  • B. Open market operations
  • C. Clearing inter-bank indebtedness
  • D. Special deposits

Correct Answer: C. Clearing inter-bank indebtedness



Post an Explanation Or Report an Error
If you see any wrong question or answer, please leave a comment below and we'll take a look. If you doubt why the selected answer is correct or need additional more details? Please drop a comment or Contact us directly. Your email address will not be published. Required fields are marked *
Add Math
Don't want to keep filling in name and email whenever you make a contribution? Register or login to make contributing easier.