Post Utme Uniben 2022 Commerce Question 38
Practice objective / multiple choice question 38 from the 2022 Post Utme Uniben Commerce examination.
A bank has a reserve requirement of 10% and a cash reserve of ₦1,000,000. If the bank's total deposits are ₦10,000,000, what is the bank's excess reserve?
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About This Question
This is Post Utme Uniben 2022 Commerce Question 38. It is one of the objective questions from the 2022 Post Utme Uniben Commerce examination.
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