Which one of the following is near money?
A)Treasury Bills
B)Bills of Exchange
C)Bonds and Debentures
D)All of the above

Question

Quizplus · Accepted Answer

Near money refers to assets that can easily be converted into cash but are not cash themselves. Treasury Bills, Bills of Exchange, and Bonds and Debentures all fit this definition as they can be quickly converted into cash and are often used for short-term financing needs.

Which One of the Following Is near Money