passwella.
Menu

JAMB Commerce 2000 Question 21

Question 21

Banking

The Central Bank differs from commercial banks because it

  1. A.renders service to customers
  2. B.carries out foreign exchange transactions
  3. C.issues currencies
  4. D.discounts bills.
Show the answer and explanation

Answer: C (issues currencies)

Explanation

Only the central bank issues the national currency; commercial banks also do the other three.