Post Utme Achievers University 2023 Commerce Question 30
Practice objective / multiple choice question 30 from the 2023 Post Utme Achievers University Commerce examination.
A bank has a reserve requirement of 10% and a cash reserve of ₦500,000. If it receives a deposit of ₦1,000,000, what is the additional cash reserve required?
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About This Question
This is Post Utme Achievers University 2023 Commerce Question 30. It is one of the objective questions from the 2023 Post Utme Achievers University Commerce examination.
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