Post Utme Babcock University 2021 Commerce Question 1
Practice objective / multiple choice question 1 from the 2021 Post Utme Babcock University Commerce examination.
A bank's cash reserve ratio is 20%. If the bank has a total deposit of ₦1,000,000, how much of this amount is required to be kept in reserve?
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About This Question
This is Post Utme Babcock University 2021 Commerce Question 1. It is one of the objective questions from the 2021 Post Utme Babcock University Commerce examination.
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