Advertisements
Advertisements
प्रश्न
Define or explain following concept:
Near money
टीपा लिहा
Advertisements
उत्तर
Near money: Near money refers to those assets which may not be a perfect medium of exchange but are highly liquid i.e. those assets that can be easily converted into cash. For example bank deposits, bills of exchange, equity shares etc. Thus, highly liquid assets are referred to as near money.
shaalaa.com
या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
