Post Utme Skyline University 2018 Commerce Question 8

Practice objective / multiple choice question 8 from the 2018 Post Utme Skyline University Commerce examination.

Post Utme Skyline University 2018 Commerce Objective / Multiple Choice
Question 8 POST_UTME_SKYLINE_UNIVERSITY • 2018 • COMMERCE • objective

A bank's cash reserve ratio is the percentage of its deposits that it is required to hold in

Answer Options

A. cash
B. loans
C. investments
Correct Answer D. reserves
Correct Answer
D
Correct Option:
reserves

About This Question

This is Post Utme Skyline University 2018 Commerce Question 8. It is one of the objective questions from the 2018 Post Utme Skyline University Commerce examination.

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