Post Utme Uniosun 2022 Commerce Question 13

Practice objective / multiple choice question 13 from the 2022 Post Utme Uniosun Commerce examination.

Post Utme Uniosun 2022 Commerce Objective / Multiple Choice
Question 13 POST_UTME_UNIOSUN • 2022 • COMMERCE • objective

A bank's reserve requirement is 10%. If the bank has ₦100,000 in deposits, how much must it keep in reserve?

Answer Options

Correct Answer A. ₦10,000
B. ₦15,000
C. ₦20,000
D. ₦25,000
Correct Answer
A
Correct Option:
₦10,000

About This Question

This is Post Utme Uniosun 2022 Commerce Question 13. It is one of the objective questions from the 2022 Post Utme Uniosun Commerce examination.

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