Money and Types of Money · UPSC CDS/OTA · Question 9 of 30

Money and Types of Money – Question 9

Step-by-step solution. Money and Types of Money for UPSC CDS/OTA.

Topic
Money and Types of Money
Subject
General Studies
Difficulty
Medium
Solve Time
45–60 sec

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Q · Money and Types of MoneyMedium · 45s

Q₉. Which one of the following is an example of near money?

TopicMoney and Types of Money
Question Typemultiple choice
DifficultyMedium
Marking+1 / −0.33
Test Duration30 min

Step-by-Step Solution

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Near money includes assets that can be easily converted to cash, like bonds, savings deposits, and treasury bills.

Final Answer: Option B — Government bond
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Money and Types of Money Question 9 – UPSC CDS/OTA