Post Utme Christopher University 2020 Commerce Question 39

Practice objective / multiple choice question 39 from the 2020 Post Utme Christopher University Commerce examination.

Post Utme Christopher University 2020 Commerce Objective / Multiple Choice
Question 39 POST_UTME_CHRISTOPHER_UNIVERSITY • 2020 • COMMERCE • objective

A bank's reserve requirement is the minimum percentage of deposits that must be held in reserve. What is the name of the ratio that represents the ratio of reserves to deposits?

Answer Options

A. Reserve Requirement Ratio (RRR)
Correct Answer B. Cash Reserve Ratio (CRR)
C. Liquidity Ratio (LR)
D. Capital Adequacy Ratio (CAR)
Correct Answer
B
Correct Option:
Cash Reserve Ratio (CRR)

About This Question

This is Post Utme Christopher University 2020 Commerce Question 39. It is one of the objective questions from the 2020 Post Utme Christopher University Commerce examination.

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