Post Utme Ksu 2025 Economics Question 14

Practice objective / multiple choice question 14 from the 2025 Post Utme Ksu Economics examination.

Post Utme Ksu 2025 Economics Objective / Multiple Choice
Question 14 POST_UTME_KSU • 2025 • ECONOMICS • objective

A bank has a reserve requirement of 10% and a cash reserve of ₦50 million. If the bank's deposits are ₦500 million, calculate the bank's maximum l\ending capacity.

Answer Options

Correct Answer A. ₦450 million
B. ₦500 million
C. ₦550 million
D. ₦600 million
Correct Answer
A
Correct Option:
₦450 million

About This Question

This is Post Utme Ksu 2025 Economics Question 14. It is one of the objective questions from the 2025 Post Utme Ksu Economics examination.

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