Question

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?

Answer 1

3. Savings deposits with the banks
2. Time deposits with the banks
1. Demand deposits with the banks
4. Currency

Answer 2

order is 4-1-3-2...............