Post Utme Futa 2023 Commerce Question 9

Practice objective / multiple choice question 9 from the 2023 Post Utme Futa Commerce examination.

Post Utme Futa 2023 Commerce Objective / Multiple Choice
Question 9 POST_UTME_FUTA • 2023 • COMMERCE • objective

A bank has a loan portfolio with a total value of ₦500,000,000. The bank's risk-weighted assets (RWAs) are 80% of the total loan portfolio. If the bank's capital requirement is 10% of the RWAs, what is the minimum capital the bank must hold?

Answer Options

Correct Answer A. ₦40,000,000
B. ₦50,000,000
C. ₦60,000,000
D. ₦70,000,000
Correct Answer
A
Correct Option:
₦40,000,000

About This Question

This is Post Utme Futa 2023 Commerce Question 9. It is one of the objective questions from the 2023 Post Utme Futa Commerce examination.

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