Which of the following is/are examples of ' Near Money'?
1) Treasury bill
2) Credit card
3) Savings accounts and small time deposits
4) Retail money market mutual funds
Select the correct answer using the codes given below.

Only 1

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Only 2

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1 , 2 and 3

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1 , 3 and 4

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Solution

The correct option is D 1 , 3 and 4
'Near Money' refers to non-cash assets which are highly liquid, such as bank deposits (saving deposits, current deposits etc), treasury bills, money markets, widely traded foreign currencies etc. These are sometimes also referred to as 'quasi-money'.

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Which of the following is/are examples of ' Near Money'?1) Treasury bill2) Credit card3) Savings accounts and small time deposits 4) Retail money market mutual fundsSelect the correct answer using the codes given below.

The correct option is D 1 , 3 and 4'Near Money' refers to non-cash assets which are highly liquid, such as bank deposits (saving deposits, current deposits etc), treasury bills, money markets, widely traded foreign currencies etc. These are sometimes also referred to as 'quasi-money'.

Which of the following is/are examples of ' Near Money'?
1) Treasury bill
2) Credit card
3) Savings accounts and small time deposits
4) Retail money market mutual funds
Select the correct answer using the codes given below.

The correct option is D 1 , 3 and 4
'Near Money' refers to non-cash assets which are highly liquid, such as bank deposits (saving deposits, current deposits etc), treasury bills, money markets, widely traded foreign currencies etc. These are sometimes also referred to as 'quasi-money'.