Post Utme Afe Babalola University 2025 Commerce Question 20

Practice objective / multiple choice question 20 from the 2025 Post Utme Afe Babalola University Commerce examination.

Post Utme Afe Babalola University 2025 Commerce Objective / Multiple Choice
Question 20 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2025 • COMMERCE • objective

A bank has a reserve requirement of 10% for its customers. If a customer deposits ₦100,000 into their account, how much will the bank reserve?

Answer Options

Correct Answer A. ₦10,000
B. ₦11,000
C. ₦12,000
D. ₦13,000
Correct Answer
A
Correct Option:
₦10,000

About This Question

This is Post Utme Afe Babalola University 2025 Commerce Question 20. It is one of the objective questions from the 2025 Post Utme Afe Babalola University Commerce examination.

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