Current assets are Rs. 300,000 and current liabilities are Rs. 150,000. The current ratio is:

A. 0.5 : 1
B. 3 : 1
C. 2 : 1
D. 1 : 2
Correct Answer: C. 2 : 1

Current ratio = 300,000 / 150,000 = 2.

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