Question Tag: Legal Objectives

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BL – May 2017 – L1 – SA – Q20 – Law Relating to Banking

Identifies an objective that is not part of the Central Bank of Nigeria's mandate.

The objects of the Central Bank of Nigeria include the following EXCEPT
A. Ensure monetary and price stability
B. Issue of legal tender
C. Maintenance of external reserves
D. Promotion of sound financial system
E. Banker to the ECOWAS

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BL – May 2017 – L1 – SA – Q20 – Law Relating to Banking

Identifies an objective that is not part of the Central Bank of Nigeria's mandate.

The objects of the Central Bank of Nigeria include the following EXCEPT
A. Ensure monetary and price stability
B. Issue of legal tender
C. Maintenance of external reserves
D. Promotion of sound financial system
E. Banker to the ECOWAS

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