The correct sequence of these decreasing orders of Liquidity is:
Options:
A . 4-3-2-1
B . 2-3-1-4
C . 1-4-3-2
D . 4-1-3-2
Answer: Option D Answer: (d)Currency is most liquid, because you can use it as and when you want. Time deposit with bank (e.g. fixed deposit), are least liquid compared to savings/ demand deposit with banks and currency.
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