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A Bank Is Said To Be Distressed When It? - Erudites Academy
Economics WAEC

A bank is said to be distressed when it?
A bank is said to be distressed when it?A bank is said to be distressed when it?

A. is unable to deal with the Central Bank
B. has a low level of the capital base
C. has a low level of deposits
D. experiences a serious liquidity crisis

Correct Answer:

Option D – experiences a serious liquidity crisis

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