Post Utme Uniben 2020 Commerce Question 36

Practice objective / multiple choice question 36 from the 2020 Post Utme Uniben Commerce examination.

Post Utme Uniben 2020 Commerce Objective / Multiple Choice
Question 36 POST_UTME_UNIBEN • 2020 • 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

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 Uniben 2020 Commerce Question 36. It is one of the objective questions from the 2020 Post Utme Uniben Commerce examination.

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