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| M: +2.00/-0.67

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

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1. ?????? ?? ??? ?????? ???????

2. ?????? ?? ??? ??? ???

3. ??? ?????? ?? ??? ???

4. ??????

????? ?? ???? ???? ??? ?? ????????????? ?? ??? ???? ??

[UPSC IAS Prelims 2013]
A
B
C
D

EXPLANATION

Liquidity of currency is highest. Next will come demand liabilities, as they hav...
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