General Knowledge - Basic General Knowledge - Discussion

67. 

Liquid asset is

[A]. a type of asset that is in cash in the current account of the commercial bank
[B]. a type of asset that is in the form of a deposit in the current account of the commercial bank
[C]. either of these
[D]. None of the above

Answer: Option C

Explanation:

No answer description available for this question.

Vinu said: (Mar 11, 2012)  
Liquid asset is an asset which can be easily converted into cash with in 01 year (which can be in the form of cash, and any other paper form) so both a and b are correct.

Mohit said: (Jun 5, 2012)  
So why stock is not taken into liquid assets while calculate liquid ratio?

Praveeen said: (Apr 2, 2014)  
What is term deposit?

Nivedita Dwivedi said: (May 11, 2015)  
Asset which can be converted into cash within a year or cash or cash equivalent.

Tuhin said: (Oct 7, 2016)  
@Praveeen.

Term deposit is a certain amount of cash can be deposited for a specific term or time (say 1 or 2 years) with a given interest rate. You can't withdraw that cash before you stipulated term.

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