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

A. Solvency only

B. Profitability only

C. Tax collection

D. Ease of converting assets into cash

Explanation

Liquidity concerns availability of cash and ease of converting assets into cash.

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UPSC Principal & Vice Principal GK/GS

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