Consider the following: 

  1. Reserve bank of India Notes
  2. Treasury Bills of Government of India
  3. Bills of exchange of 90 days maturity
  4. Demand deposits

Which among the above are near money?

[A] 1 & 2
[B] 2 & 3
[C] 3 & 4
[D] 1 , 2 & 3
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