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.
Add Comment
  • 1 Answer(s)

    (d) 1,3 and 4

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

    abhishek0808 Default Answered on 31st August 2016.
    Add Comment
  • Your Answer

    By posting your answer, you agree to the privacy policy and terms of service.