Post Utme Bowen University 2019 Commerce Question 11

Practice objective / multiple choice question 11 from the 2019 Post Utme Bowen University Commerce examination.

Post Utme Bowen University 2019 Commerce Objective / Multiple Choice
Question 11 POST_UTME_BOWEN_UNIVERSITY • 2019 • COMMERCE • objective

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

Answer Options

A. 0.25
Correct Answer B. 0.33
C. 0.50
D. 0.67
Correct Answer
B
Correct Option:
0.33

About This Question

This is Post Utme Bowen University 2019 Commerce Question 11. It is one of the objective questions from the 2019 Post Utme Bowen University Commerce examination.

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