Post-UTME Economics 2009 Objective — Question 10
Question 10 of 13 from the Post-UTME Screening (Post-UTME) Economics 2009 Objective paper, with the correct answer and a full explanation.
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The most liquid asset of a bank is
- A. money at call
- B. bank draft
- C. money order
- D. cashCorrect
Explanation
Cash is the most liquid asset by definition (immediately usable, no conversion needed).
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