This question involves distinguishing small/medium banks from very large banks. For the following ratio descriptions, indicate whether they generally refer to a small/medium bank or to a very large bank byHighlightingthe correct option. Provide a rationale for your choice. (Copy and pastethe questions into the answer panel, highlight the correct option and provide a rationale)

a)Relatively high purchased liquidity to assets:(1 mark)

small/medium bankvery large bank

Rationale:

b)Relatively high non-interest expense to income ratio:(1 mark)

small/medium bankvery large bank

Rationale: