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Question 31

what amount of money can be created from a deposit of 30,000 if the current cash ratio is 20%?

  • A.N15 million
  • B.N1.5 million
  • C.N60,000
  • D.N600,000
Objective

Question details

Exam body
UNIBEN
Subject
General Paper
Year
2011/2012
Question no.
#31
Type
Objective
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