Post Utme Achievers University 2019 Commerce Question 20
Practice objective / multiple choice question 20 from the 2019 Post Utme Achievers University Commerce examination.
A bank's cash reserve ratio is 20%. If the bank has a total deposit of ₦10,000,000, what is the amount of cash the bank must hold in reserve?
Answer Options
About This Question
This is Post Utme Achievers University 2019 Commerce Question 20. It is one of the objective questions from the 2019 Post Utme Achievers University Commerce examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.