Consider the following liquid assets : 1. Demand deposits

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Consider the following liquid assets :

1. Demand deposits with the banks

2. Time deposits with the banks

3. Savings deposits with the banks

4. Currency

The correct sequence of these assets in the decreasing order of liquidity is

I.A.S. (Pre) 2013

[Fiscal Policy, Inflation Planning and Banking]

1-4-3-2

4-3-2-1

2-3-1-4

4-1-3-2

...

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