Post Utme Uniport 2024 Commerce Question 26

Practice objective / multiple choice question 26 from the 2024 Post Utme Uniport Commerce examination.

Post Utme Uniport 2024 Commerce Objective / Multiple Choice
Question 26 POST_UTME_UNIPORT • 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 ₦120 million in liquid assets and ₦180 million in total deposits, what is its liquidity ratio?

Answer Options

Correct Answer A. 0.67
B. 0.50
C. 0.75
D. 0.33
Correct Answer
A
Correct Option:
0.67

About This Question

This is Post Utme Uniport 2024 Commerce Question 26. It is one of the objective questions from the 2024 Post Utme Uniport Commerce examination.

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