Question

Fill in the blank with appropriate alternatives given below

The most liquid asset is __________. 

विकल्प

• cheque

• money

• shares

• debentures

Answer 1

The most liquid asset is money. 

Explanation: 

Money is the most liquid asset. Gold, silver, land, cheques etc. are not as liquid as money. If the need arises, these assets have to be converted into money, but money need not to be converted into any other form as it is readily acceptable.