Consider the following liquid assets: 1. Demand deposits with the banks 2. Time deposits with the banks 3. Savings deposits with the banks 4. Currency The corre

Question

Consider the following liquid assets:
1. Demand deposits with the banks
2. Time deposits with the banks
3. Savings deposits with the banks
4. Currency The correct sequence of these decreasing orders of Liquidity is:

Accepted Answer

(D) 4-1-3-2

Answer

(A) 1-4-3-2

Answer

(B) 4-3-2-1

Answer

(C) 2-3-1-4