Post Utme Joseph Ayo Babalola University 2018 Commerce Question 28
Practice objective / multiple choice question 28 from the 2018 Post Utme Joseph Ayo Babalola University Commerce examination.
A bank's cash reserve ratio is 20%. If the bank has a cash reserve of ₦100,000, what is the total amount of deposits it has received?
Answer Options
About This Question
This is Post Utme Joseph Ayo Babalola University 2018 Commerce Question 28. It is one of the objective questions from the 2018 Post Utme Joseph Ayo Babalola University Commerce examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.