Question

Which of the following does not qualify as a cash equivalent under AS 3?

A 3-month Treasury bill
B Bank Overdraft
C Money market funds
D Bank balance
E Commercial paper (90 days)
Practice Next

Hey! Ask a query

🎓
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
  • Section-wise Coverage (GA, English, Quant & Reasoning)