Question

Hi Friends !! answer this question !!
Which among the following is considered to be the most liquid asset?

a) Gold
b) Money
c) Land
d) Treasury bonds

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Answer 1

Answer:

gold is considered to be the most liquid asset

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Answer 2

The correct answer is option (b) Money.

Explanation:

• Liquid asset refers to the assets which are either in the form of cash or can easily be converted in to cash.
• The easier it is to convert an asset into cash, the more liquid it is.
• And cash is generally considered the most liquid asset.
• Cash in a bank account or credit union account can be accessed quickly and easily, via a bank transfer or an ATM withdrawal.
• Money is considered to be the most liquid asset.