The central banks controls commercial banks through all the following measures except

Assessment: WAEC SSCE - Economics - 1994 (Objective) Subject: Economics

Question 1 Report

The central banks controls commercial banks through all the following measures except
Answer Details
The central bank has various tools to regulate and control the commercial banks in a country. These measures include directives, bank rate, open market operations, accepting deposits, and demanding special deposits. However, among the options provided, the measure that the central bank does not use to control commercial banks is accepting deposits. Accepting deposits is a commercial bank's function of mobilizing funds from the public and not a measure used by the central bank to regulate the commercial banks.
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