Post Utme Osustech 2023 Commerce Question 39
Practice objective / multiple choice question 39 from the 2023 Post Utme Osustech Commerce examination.
A bank has a reserve requirement of 20% and a cash reserve of ₦100,000. If the bank wants to increase its lending capacity by ₦50,000, what is the required increase in deposits?
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About This Question
This is Post Utme Osustech 2023 Commerce Question 39. It is one of the objective questions from the 2023 Post Utme Osustech Commerce examination.
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