Post Utme Lautech 2022 Commerce Question 25

Practice objective / multiple choice question 25 from the 2022 Post Utme Lautech Commerce examination.

Post Utme Lautech 2022 Commerce Objective / Multiple Choice
Question 25 POST_UTME_LAUTECH • 2022 • COMMERCE • objective

A bank in Nigeria is required to maintain a minimum capital adequacy ratio of 10%. What is the primary purpose of this requirement?

Answer Options

Correct Answer A. To ensure the bank has sufficient capital to meet its obligations
B. To prevent the bank from engaging in excessive risk-taking
C. To promote competition among banks
D. To reduce the risk of bank failures
Correct Answer
A
Correct Option:
To ensure the bank has sufficient capital to meet its obligations

About This Question

This is Post Utme Lautech 2022 Commerce Question 25. It is one of the objective questions from the 2022 Post Utme Lautech Commerce examination.

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