Post Utme Lautech 2021 Commerce Question 29
Practice objective / multiple choice question 29 from the 2021 Post Utme Lautech Commerce examination.
A bank has a reserve requirement of 10% and a cash reserve of ₦100000. If it has a total deposit of ₦1000000, what is its maximum amount of loans it can give out?
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About This Question
This is Post Utme Lautech 2021 Commerce Question 29. It is one of the objective questions from the 2021 Post Utme Lautech Commerce examination.
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