Question
Consider the following liquid assets:
- Demand deposits with the banks
- Time deposits with the banks
- Saving deposits with the banks
- Currency
Answer: Option D
Answer: (d)Currency/cash is the most liquid ,then the demand deposits (current accounts), then the saving deposits with bank and finally the least liquid is the time deposits with the bank (fixed deposits).
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Answer: (d)Currency/cash is the most liquid ,then the demand deposits (current accounts), then the saving deposits with bank and finally the least liquid is the time deposits with the bank (fixed deposits).
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