Post Utme Nile University 2018 Commerce Question 9

Practice objective / multiple choice question 9 from the 2018 Post Utme Nile University Commerce examination.

Post Utme Nile University 2018 Commerce Objective / Multiple Choice
Question 9 POST_UTME_NILE_UNIVERSITY • 2018 • COMMERCE • objective

A bank's cash reserve ratio is

Answer Options

Correct Answer A. The minimum percentage of deposits that must be held in reserve
B. The maximum percentage of deposits that can be lent out
C. The minimum percentage of deposits that can be lent out
D. The maximum percentage of deposits that must be held in reserve
Correct Answer
A
Correct Option:
The minimum percentage of deposits that must be held in reserve

About This Question

This is Post Utme Nile University 2018 Commerce Question 9. It is one of the objective questions from the 2018 Post Utme Nile University Commerce examination.

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