[CDS I 2016]
- Treasury Bill
- Credit Card
- Savings accounts and small time deposits
- Retail money market mutual funds
Select the correct answer using the code given below :
Answer
- (a) 1 only
- (b) 2 only
- (c) 1, 2 and 3
- (d) 1, 3 and 4
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(d) 1, 3 and 4
Near Money: It is a term used to describe highly liquid assets which are not cash but can easily be converted into cash.