Post Utme Covenant University 2025 Commerce Question 20
Practice objective / multiple choice question 20 from the 2025 Post Utme Covenant University Commerce examination.
A bank has a reserve requirement of 10% on its deposits. If the bank has ₦1,000,000 in deposits, what is the minimum amount of cash it must hold in reserve?
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This is Post Utme Covenant University 2025 Commerce Question 20. It is one of the objective questions from the 2025 Post Utme Covenant University Commerce examination.
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