UPSC Principle and Vice Principle GK/GS Banking, Finance, and Fiscal Policy Part - 1

The term 'liquidity' in banking refers broadly to

Type: MCQ • Marks: 1
The term 'liquidity' in banking refers broadly to
Options
A. Profitability only
B. Solvency only
C. Tax collection
D. Ease of converting assets into cash
Explanation
Liquidity concerns availability of cash and ease of converting assets into cash.
UPSC Principal & Vice Principal GK/GS

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