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GCE Economics 2025 Objective — Question 42

Question 42 of 60 from the General Certificate of Education (GCE) Economics 2025 Objective paper, with the correct answer and a full explanation.

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Issuance and control of currency in Nigeria is the function of bank

  • A. CentralCorrect
  • B. Commercial
  • C. Development

Explanation

The Central Bank of Nigeria (CBN) has the exclusive authority to issue and control currency in the country.

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