UPSC Principle and Vice Principle GK/GS Banking, Finance, and Fiscal Policy Part - 2

Identify the correct answer related to term 'liquidity' in banking refers broadly to.

Type: MCQ • Marks: 1

A. Solvency only

B. Ease of converting assets into cash

C. Profitability only

D. Tax collection

Explanation

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

UPSC Principal & Vice Principal GK/GS

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