The channel through which all government borrowing and domestic lending transactions pass is called

The channel through which all government borrowing and domestic lending transactions pass is called

Options

A) special trust fund

B) agency fund

C) national loan fund

D) contingency fund >>>>>>>>>

The correct answer is D.

N.B

A contingencies fund or contingency fund is a fund for emergencies or unexpected outflows, mainly economic crises. This fund is constituted by the government and is at the disposal of the President.

We have WAEC, GCE, NECO, JAMB ONLINE TUTORIAL CLASS that can help you out. CLICK HERE TO GET STARTED.

Leave a Reply

MEET OVER 2000 NOUN STUDENTS HERE. 

Join us for latest NOUN UPDATES and Free TMA answers posted by students on our Telegram. 

OUR ONLINE TUTORIAL CLASS IS NOW ON!!! JOIN US NOW. 
JOIN NOW!
close-link
%d bloggers like this: