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.
The state flower of Haryana is ______.
Who is the author of the book “New Wealth of Nations”?
The capital of Kenya is -
What is NABARD’s full form?
A sum of Rs. 2000 was invested at a rate of 10% interest. The compound interest was calculated at an interval of every six months. What will be the net ...
Where was the ‘Rapid Trident’ joint military exercise among Ukraine, US and NATO (North Atlantic Treaty Organization) nations held?
Which initiative was highlighted at the 4th RE-Invest Summit to showcase investment opportunities in green energy?
Which ministry is responsible for the SVAMITVA scheme in India?
Identify the founding members of the Swaraj Party. Which of these leaders was NOT among them?
Select the incorrect statement based on the data in the Economic Survey 2022-23 -
Relevant for Exams:
