मराठी

Why is money called the most liquid asset?

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प्रश्न

Why is money called the most liquid asset?

पर्याय

  • It gives high interest

  • It cannot be stored

  • It can be easily converted into goods and services

  • It never loses value

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उत्तर

It can be easily converted into goods and services

Explanation: 

Liquidity means ease of conversion, and money can be quickly used to buy any good or service.

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