Question

what is near money and pure money ?

Answer 1

Near money is an economics term describing non-cash assets that are highly liquid, such as bank deposits, certificates of deposit (CDs) and Treasury Bills. ... Near money refers to assets that can be quickly converted intocash. Near money is also calledquasi-money.

Answer 2

♥ Near money :- It consist of highly liquid assets which are not cash , but can easily be converted into cash .

♥ Pure money :- It is a readily acceptable medium of payment or cash

Hope it helps ✌

Shreya ❤