Post Utme Bells University 2025 Commerce Question 27
Practice objective / multiple choice question 27 from the 2025 Post Utme Bells University Commerce examination.
A bank's cash reserve ratio is 20%. If the bank has a cash reserve of ₦1,000,000 and it wants to increase its lending capacity by ₦500,000, how much more cash must it hold in reserve?
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About This Question
This is Post Utme Bells University 2025 Commerce Question 27. It is one of the objective questions from the 2025 Post Utme Bells University Commerce examination.
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