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