Post Utme Futo 2021 Commerce Question 4

Practice objective / multiple choice question 4 from the 2021 Post Utme Futo Commerce examination.

Post Utme Futo 2021 Commerce Objective / Multiple Choice
Question 4 POST_UTME_FUTO • 2021 • COMMERCE • objective

A bank's reserve requirement is the minimum amount of funds that it must hold in reserve against deposits. What is the name of this type of requirement?

Answer Options

Correct Answer A. Reserve Requirement
B. Capital Adequacy Requirement
C. Liquidity Requirement
D. Risk-Based Capital Requirement
Correct Answer
A
Correct Option:
Reserve Requirement

About This Question

This is Post Utme Futo 2021 Commerce Question 4. It is one of the objective questions from the 2021 Post Utme Futo Commerce examination.

View More Post Utme Futo 2021 Commerce Questions More Post Utme Futo Practice Questions Back to Questions

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support