Post Utme Eksu 2025 Economics Question 29

Practice objective / multiple choice question 29 from the 2025 Post Utme Eksu Economics examination.

Post Utme Eksu 2025 Economics Objective / Multiple Choice
Question 29 POST_UTME_EKSU • 2025 • ECONOMICS • objective

A bank has a reserve requirement of 20% and a cash reserve of ₦100,000. If the bank wants to increase its l\ending capacity by ₦500,000, how much additional capital does it need to inject?

Answer Options

A. ₦200,000
Correct Answer B. ₦300,000
C. ₦400,000
D. ₦500,000
Correct Answer
B
Correct Option:
₦300,000

About This Question

This is Post Utme Eksu 2025 Economics Question 29. It is one of the objective questions from the 2025 Post Utme Eksu Economics examination.

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