Roles of central bank in economic development of West Africa. - SS2 Commerce Past Questions and Answers - page 1
1
What is one role of a central bank in the economic development of West Africa?
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A
Controlling foreign trade
B
Managing regional currency
C
Regulating the stock market
2
How does a central bank promote economic growth in West Africa?
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A
By controlling inflation
B
By managing fiscal policy
C
By regulating international trade
3
What is the primary responsibility of a central bank in maintaining financial system stability?
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A
Regulating commercial banks
B
Regulating commercial banks
C
Managing public debt
4
How do central banks contribute to financial inclusion in West Africa?
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A
By managing payment systems
B
By supervising stock market activities
C
By controlling government spending
5
What is one way central banks support evidence-based decision-making in West Africa?
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A
Conducting economic research and collecting data
B
Conducting economic research and collecting data
C
Promoting foreign direct investment
6
Explain one role of a central bank in the economic development of West Africa.
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7
How do central banks contribute to financial stability in West Africa?
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