| Consider the following liquid assets. |
| 1. Demand deposits with the banks |
| 2. Time deposits with the banks |
| 3. Savings deposits with the banks |
| 4. Currency |
| The correct sequence of these assets in the decreasing order of liquidity is |
A) 1 ? 4 ? 3 ? 2
B) 4 ? 3 ? 2 ? 1
C) 2 ? 3 ? 1 ? 4
D) 4 ? 1 ? 3 ? 2
Correct Answer: D
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