Challenger App

No.1 PSC Learning App

1M+ Downloads
Which of the following asset is having 100 per cent liquid cover?

ABalance in SB account

BGovernment Securities

CPost Office Savings bank

DBalance in current account

Answer:

D. Balance in current account

Read Explanation:

Balances in current accounts, savings accounts, or Post Office Savings accounts are liquid for operational purposes as 100% liquid assets


Related Questions:

How did King connect cooperative practice to moral education?
According to ...................."It denotes a special method of doing business"
In which country did the Danish agricultural co-operative movement, noted for co-operative dairies and bacon factories, become a model for rural co-operation?
What educational principle did Rochdale Equitable Pioneers’ Co-operative Society (REPS) promote?
Personal knowledge and mutual supervision among members was a principle used by societies in