Post Utme Ims U 2017 Commerce Question 39
Practice objective / multiple choice question 39 from the 2017 Post Utme Ims U Commerce examination.
A bank has a reserve requirement of 20% and a cash reserve of ₦500,000. If the bank wants to increase its lending capacity by 50%, what is the new cash reserve?
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About This Question
This is Post Utme Ims U 2017 Commerce Question 39. It is one of the objective questions from the 2017 Post Utme Ims U Commerce examination.
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