Q. Which among the following is / are near money?
1. T-bills
2. Equity Shares of a company
3. Bill of Exchange
4. Debentures
Select the correct option from the codes given below:
Answer:
1, 2, 3 & 4
Notes: Near Money is the money which is not cash but can be changed in cash in short time. T-bills, Equity shares of a company, Bill of exchange and Debentures are all considered as near money.