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

Which option correctly matches term 'liquidity' in banking refers broadly to with its description?

Type: MCQ • Marks: 1

A. Ease of converting assets into cash

B. Tax collection

C. Solvency only

D. Profitability only

Explanation

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

UPSC Principal & Vice Principal GK/GS

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