Post Utme Unilag 2024 Commerce Question 11

Practice objective / multiple choice question 11 from the 2024 Post Utme Unilag Commerce examination.

Post Utme Unilag 2024 Commerce Objective / Multiple Choice
Question 11 POST_UTME_UNILAG • 2024 • COMMERCE • objective

A bank's liquidity ratio is calculated as the ratio of its liquid assets to its total deposits. If a bank has ₦150,000 in liquid assets and ₦200,000 in total deposits, what is its liquidity ratio?

Answer Options

Correct Answer A. 0.75
B. 0.60
C. 0.80
D. 0.90
Correct Answer
A
Correct Option:
0.75

About This Question

This is Post Utme Unilag 2024 Commerce Question 11. It is one of the objective questions from the 2024 Post Utme Unilag Commerce examination.

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