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ABC Ltd. has a Current Ratio of 1.5 : 1 and Net Current Assets of Rs. 5,00,000. What are the Current Assets?

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ABC Ltd. has a Current Ratio of 1.5 : 1 and Net Current Assets of Rs. 5,00,000. What are the Current Assets? Answer: Rs. 15,000

When the current ratio is 1.5:1 and working capital is Rs. 5,000 (scaled), the current assets are Rs. 15,000.

Question context

This question is part of 🌍 Current Affairs within the broader 🌐 Current Affairs & GK subject and appears in the SPSC – Sindh Public Service Commission preparation collection. Reviewing the answer together with nearby questions helps reinforce the underlying concept and identify how it may appear in competitive exams.