Which of the following services is rendered by Central Bank?

Assessment: WAEC SSCE - Commerce - 2004 (Objective) Subject: Commerce

Question 1 Report

Which of the following services is rendered by Central Bank?
Answer Details
The service rendered by the Central Bank among the options provided is "issuing currency notes." A Central Bank is responsible for issuing and regulating the circulation of currency notes and coins in a country's economy. It also controls the supply of money and credit to ensure stable economic growth and prevent inflation. The Central Bank is the only authority that has the power to print and issue currency notes, which are legal tender for making transactions in the economy.

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