Post Utme Bells University 2025 Economics Question 13

Practice objective / multiple choice question 13 from the 2025 Post Utme Bells University Economics examination.

Post Utme Bells University 2025 Economics Objective / Multiple Choice
Question 13 POST_UTME_BELLS_UNIVERSITY • 2025 • ECONOMICS • objective

A Nigerian bank has a reserve requirement of 10% and a cash reserve ratio of 5%. If the bank has ₦100 million in deposits and ₦5 million in cash, what is the maximum amount of loans it can make?

Answer Options

A. ₦90 million
Correct Answer B. ₦95 million
C. ₦100 million
D. ₦105 million
Correct Answer
B
Correct Option:
₦95 million

About This Question

This is Post Utme Bells University 2025 Economics Question 13. It is one of the objective questions from the 2025 Post Utme Bells University Economics examination.

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