CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
7
You visited us 7 times! Enjoying our articles? Unlock Full Access!
Question

In a broader sense, cash includes ________________.

A
Nodes and coins
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
Bank balance
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
Bank drafts
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
Markable securities
No worries! We‘ve got your back. Try BYJU‘S free classes today!
E
All of the above
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
Open in App
Solution

The correct option is E All of the above
Cash in the broader sense includes actual cash in the form of coins and bank drafts held by the firm, deposits withdrawable on demand and marketable securities which can be immediately sold or converted into cash.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Secondary Functions of a Bank
ECONOMICS
Watch in App
Join BYJU'S Learning Program
CrossIcon