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JSCE Business Studies 2022 Objective — Question 56

Question 56 of 100 from the Junior Secondary Certificate Examination (JSCE) Business Studies 2022 Objective paper, with the correct answer and a full explanation.

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The highest financial institution in Nigeria is called .......

  • A. Commercial bank
  • B. Merchant bank
  • C. Central bankCorrect
  • D. Development bank

Explanation

The Central Bank is the apex bank.

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