Consider the following liquid assets: Demand deposits with the banks Time deposits with the banks Savings deposits with the banks Currency The correct sequence of these assets in the decreasing order of liquidity is

Consider the following liquid assets:

Demand deposits with the banks
Time deposits with the banks
Savings deposits with the banks
Currency

The correct sequence of these assets in the decreasing order of liquidity is

[UPSC Civil Services Exam – 2013 Prelims]

(a) 1-4-3-2

(b) 4-3-2-1

(c) 2-3-1-4

(d) 4-1-3-2

Answer: (d)

Explanation:

Currency is most liquid because you can use it as and when you want.
A time deposit with the bank (e.g. fixed deposit), are the least liquid compared to a savings/demand deposit with banks and currency.
Demand deposit with bank >more liquid> savings deposit
Hence final order is 4-1-3-2
Hence the correct option is 4.

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Which one of the following Schedules of the Constitution of India contains provisions regarding anti-defection?

The provisions in Fifth Schedule and Sixth Schedule in the Constitution of India are made in order to

Under which Schedule of the Constitution of India can the transfer of tribal land to private parties for mining be declared null and void?

The Ninth Schedule was introduced in the Constitution of India during the prime ministership of

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Categories

Which one of the following Schedules of the Constitution of India contains provisions regarding anti-defection?

The provisions in Fifth Schedule and Sixth Schedule in the Constitution of India are made in order to

Under which Schedule of the Constitution of India can the transfer of tribal land to private parties for mining be declared null and void?

The Ninth Schedule was introduced in the Constitution of India during the prime ministership of

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