Which of the following is/are example(s) of ‘Near Money’

1. Treasury Bill
2. Credit Card
3. Saving accounts and small time deposits
4. Retain money market mutual funds
Select the correct answer using the code given below:
(a) 1 only
(b) 2 only
(c) 1, 2 and 3
(d) 1, 3 and 4

Anurag Mishra Professor Asked on 15th February 2016 in Economics.
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  • 1 Answer(s)

    (d) 1,3 and 4

    Near Money Are:-
    Savings accounts
    Money funds (Mutual funds)
    Deposit
    Treasury Bill
    Bonds
    Foreign currencies  (US dollar, euro, yen)

    abhishek0808 Default Answered on 31st August 2016.
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