Post Utme Ims U 2019 Commerce Question 8

Practice objective / multiple choice question 8 from the 2019 Post Utme Ims U Commerce examination.

Post Utme Ims U 2019 Commerce Objective / Multiple Choice
Question 8 POST_UTME_IMS_U • 2019 • COMMERCE • objective

A bank is considering whether to offer a new credit card product to its customers. The new product has a higher interest rate than the bank's existing credit cards, but it also offers a higher credit limit. Which of the following financial metrics would be most useful in evaluating the profitability of the new credit card product?

Answer Options

Correct Answer A. Net Interest Margin (NIM)
B. Return on Assets (ROA)
C. Return on Equity (ROE)
D. Efficiency Ratio
Correct Answer
A
Correct Option:
Net Interest Margin (NIM)

About This Question

This is Post Utme Ims U 2019 Commerce Question 8. It is one of the objective questions from the 2019 Post Utme Ims U Commerce examination.

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