Post Utme Bells University 2020 Commerce Question 16

Practice objective / multiple choice question 16 from the 2020 Post Utme Bells University Commerce examination.

Post Utme Bells University 2020 Commerce Objective / Multiple Choice
Question 16 POST_UTME_BELLS_UNIVERSITY • 2020 • COMMERCE • objective

A bank's liquidity ratio is calculated as the ratio of liquid assets to total deposits. If a bank has ₦500 million in liquid assets and ₦1.5 billion in total deposits, what is the bank's liquidity ratio?

Answer Options

Correct Answer A. 0.33
B. 0.67
C. 1.00
D. 1.50
Correct Answer
A
Correct Option:
0.33

About This Question

This is Post Utme Bells University 2020 Commerce Question 16. It is one of the objective questions from the 2020 Post Utme Bells University Commerce examination.

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