1. Demand deposits with the banks |
2. Time deposits with the banks |
3. Saving deposits with the banks |
4. Currency |
A) 1-4-3-2
B) 4-3-2-1
C) 2-3-1-4
D) 4-1-3-2
Correct Answer: D
Solution :
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).You need to login to perform this action.
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