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JAMB Economics 2011 Objective — Question 20

Question 20 of 49 from the Joint Admissions and Matriculation Board (JAMB) Economics 2011 Objective paper, with the correct answer and a full explanation.

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Bank consolidation policy in Nigeria is a measure to increase

  • A. A. employment opportunities in banks
  • B. B. the number of shareholders
  • C. C. the number of branches
  • D. D. the capital base of banksCorrect

Explanation

Bank consolidation is aimed at increasing the capital base of banks.

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