Question

which of the following is not near money?
(a)paper notes
(b)treasury bill.
(c)bond
(d)bill of exchange​

Answer 1

Answer:

treasury bill

I hope this is helpful to you

Answer 2

Paper Notes are not near money.

• Near Money refers to the non-cash financial assets of an individual or a firm.
• These have high liquidity and can be easily converted into cash.
• These are also called Quasi-money.
• A few examples of near money are treasury bills, bank deposits, bonds, and money markets, etc.
• Cash like paper notes and coins are not near money.