Post Utme Aaua 2021 Commerce Question 5

Practice objective / multiple choice question 5 from the 2021 Post Utme Aaua Commerce examination.

Post Utme Aaua 2021 Commerce Objective / Multiple Choice
Question 5 POST_UTME_AAUA • 2021 • COMMERCE • objective

A bank has a loan portfolio with a total value of ₦10,000,000. The bank's risk management policy requires that the loan portfolio be diversified across different industries. If the bank has loans worth ₦3,000,000 in the manufacturing industry, ₦2,000,000 in the services industry, and ₦5,000,000 in the agriculture industry, what is the concentration risk of the loan portfolio?

Answer Options

A. 20%
Correct Answer B. 30%
C. 40%
D. 50%
Correct Answer
B
Correct Option:
30%

About This Question

This is Post Utme Aaua 2021 Commerce Question 5. It is one of the objective questions from the 2021 Post Utme Aaua Commerce examination.

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