Question
Which among the following assets are considered as 'Near
Money'?Solution
Near money refers to assets that can be quickly converted into cash. They are also called quasi-money. Examples of near money are: - Bonds near their redemption date - Government treasury securities (such as T-bills) - Traveler’s cheques - Bank time deposits (certificates of deposit) - Savings accounts - Money funds - Foreign currencies, especially widely traded ones such as the US dollar, euro or yen etc.
Rose day (welfare of cancer patients) is observed on
The first co-operative dairy committee was established in Uttar Pradesh at:
At present, who among the following is the commerce and Industry Minister in the Union Cabinet?
Public sector banks to get _______ via zero-coupon bonds in the Financial Year 22.
The committee on whose recommendation Panchayati Raj was implemented in the country was headed by-
In a certain code language, TRY is written as 63 and NOT is written as 49. How will DUG be written in the same language?
Pin Valley National Park is located in which state?
Who is known as the "Iron Man of India"?
Exercise Varuna is a collaborative naval exercise between India and which country?
Consider the following statements:
Statement (A): During winter, the air quality in Delhi is high.
Statement (R): In the winter season, th...
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