{"id":84608,"date":"2025-06-01T02:40:41","date_gmt":"2025-06-01T02:40:41","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=84608"},"modified":"2025-06-01T02:40:41","modified_gmt":"2025-06-01T02:40:41","slug":"which-of-the-following-is-are-examples-of-near-money-treasury","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/which-of-the-following-is-are-examples-of-near-money-treasury\/","title":{"rendered":"Which of the following is\/are example(s) of \u2018Near Money\u2019 ?\n Treasury"},"content":{"rendered":"

Which of the following is\/are example(s) of \u2018Near Money\u2019 ?<\/p>\n

    \n
  1. Treasury Bill<\/li>\n
  2. Credit Card<\/li>\n
  3. Savings accounts and small time deposits<\/li>\n
  4. Retail money market mutual funds<\/li>\n<\/ol>\n

    Select the correct answer using the code given below :<\/p>\n

    [amp_mcq option1=”1 only” option2=”2 only” option3=”1, 2 and 3″ option4=”1, 3 and 4″ correct=”option4″]<\/p>\n

    \n
    \n
    This question was previously asked in<\/div>\n
    UPSC CDS-1 – 2016<\/div>\n<\/div>\n
    Download PDF<\/a>Attempt Online<\/a><\/div>\n<\/div>\n
    \nThe correct answer is 1, 3 and 4.
    \n<\/section>\n
    \nNear money refers to assets that are highly liquid and can be easily converted into cash with little or no loss in value. They serve as a store of value and can perform some functions of money, though they are not directly used as a medium of exchange in the same way as currency or demand deposits. Treasury Bills are short-term government securities, highly liquid and considered near money. Savings accounts and small time deposits can be readily accessed or converted, making them near money. Retail money market mutual funds invest in short-term, high-quality debt and are typically redeemable on short notice, thus qualifying as near money. A Credit Card is a means of borrowing money, not an asset that represents near cash; it facilitates transactions but is a liability for the user until repaid.
    \n<\/section>\n
    \nExamples of near money often include savings deposits, time deposits (like Certificates of Deposit), money market mutual funds, treasury bills, and other short-term government securities. They increase the overall liquidity in the financial system.
    \n<\/section>\n","protected":false},"excerpt":{"rendered":"

    Which of the following is\/are example(s) of \u2018Near Money\u2019 ? Treasury Bill Credit Card Savings accounts and small time deposits Retail money market mutual funds Select the correct answer using the code given below : [amp_mcq option1=”1 only” option2=”2 only” option3=”1, 2 and 3″ option4=”1, 3 and 4″ correct=”option4″] This question was previously asked in … <\/p>\n

    Detailed SolutionWhich of the following is\/are example(s) of \u2018Near Money\u2019 ?
    \n Treasury<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1087],"tags":[1098,1112],"class_list":["post-84608","post","type-post","status-publish","format-standard","hentry","category-upsc-cds-1","tag-1098","tag-economic-and-social-development","no-featured-image-padding"],"yoast_head":"\nWhich of the following is\/are example(s) of \u2018Near Money\u2019 ? Treasury<\/title>\n<meta name=\"description\" content=\"The correct answer is 1, 3 and 4. Near money refers to assets that are highly liquid and can be easily converted into cash with little or no loss in value. They serve as a store of value and can perform some functions of money, though they are not directly used as a medium of exchange in the same way as currency or demand deposits. Treasury Bills are short-term government securities, highly liquid and considered near money. Savings accounts and small time deposits can be readily accessed or converted, making them near money. Retail money market mutual funds invest in short-term, high-quality debt and are typically redeemable on short notice, thus qualifying as near money. A Credit Card is a means of borrowing money, not an asset that represents near cash; it facilitates transactions but is a liability for the user until repaid.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/which-of-the-following-is-are-examples-of-near-money-treasury\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Which of the following is\/are example(s) of \u2018Near Money\u2019 ? Treasury\" \/>\n<meta property=\"og:description\" content=\"The correct answer is 1, 3 and 4. Near money refers to assets that are highly liquid and can be easily converted into cash with little or no loss in value. They serve as a store of value and can perform some functions of money, though they are not directly used as a medium of exchange in the same way as currency or demand deposits. Treasury Bills are short-term government securities, highly liquid and considered near money. Savings accounts and small time deposits can be readily accessed or converted, making them near money. Retail money market mutual funds invest in short-term, high-quality debt and are typically redeemable on short notice, thus qualifying as near money. A Credit Card is a means of borrowing money, not an asset that represents near cash; it facilitates transactions but is a liability for the user until repaid.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/exam.pscnotes.com\/mcq\/which-of-the-following-is-are-examples-of-near-money-treasury\/\" \/>\n<meta property=\"og:site_name\" content=\"MCQ and Quiz for Exams\" \/>\n<meta property=\"article:published_time\" content=\"2025-06-01T02:40:41+00:00\" \/>\n<meta name=\"author\" content=\"rawan239\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"rawan239\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Which of the following is\/are example(s) of \u2018Near Money\u2019 ? 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A Credit Card is a means of borrowing money, not an asset that represents near cash; it facilitates transactions but is a liability for the user until repaid.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/exam.pscnotes.com\/mcq\/which-of-the-following-is-are-examples-of-near-money-treasury\/","og_locale":"en_US","og_type":"article","og_title":"Which of the following is\/are example(s) of \u2018Near Money\u2019 ? Treasury","og_description":"The correct answer is 1, 3 and 4. Near money refers to assets that are highly liquid and can be easily converted into cash with little or no loss in value. They serve as a store of value and can perform some functions of money, though they are not directly used as a medium of exchange in the same way as currency or demand deposits. 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