1. Which of the following is not a motive for holding cash:
(A) Transaction Motive
(1) Speculative motive
(0) Saving motive
Answers
Answered by
17
Saving motive
hope it's help you
Answered by
1
Answer:
The Correct Answer would be (0) Saving Motive. Holding cash physically can never be the motive behind saving it.
Explanation:
In the given question, we can conclude that we are being asked about what we can do holding cash. For the first option, Transaction motive, it seems pretty realistic to do transactions by holding cash physically. Hence, it is not the correct answer. Moving onto next, we also count the money by holding it and it's pretty common. Again, it is not the answer. Finally in the third option, a normal person don't hold cash in order to save it. Rather it is done for spending it. Hence, Saving Motive is the right answer.
Similar questions
Math,
1 month ago
Math,
1 month ago
English,
1 month ago
Computer Science,
2 months ago
Geography,
2 months ago
Social Sciences,
9 months ago
Physics,
9 months ago