Post Utme Ksu 2025 Commerce Question 25

Practice objective / multiple choice question 25 from the 2025 Post Utme Ksu Commerce examination.

Post Utme Ksu 2025 Commerce Objective / Multiple Choice
Question 25 POST_UTME_KSU • 2025 • COMMERCE • objective

A bank has the following balance sheet: cash of ₦1,000,000, loans of ₦2,000,000, deposits of ₦3,000,000, and equity of ₦1,500,000. If the bank's reserve requirement is 10%, what is the bank's required reserve?

Answer Options

Correct Answer A. ₦150,000
B. ₦200,000
C. ₦250,000
D. ₦300,000
Correct Answer
A
Correct Option:
₦150,000

About This Question

This is Post Utme Ksu 2025 Commerce Question 25. It is one of the objective questions from the 2025 Post Utme Ksu Commerce examination.

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