Which among the following is / are near money?
2. Equity Shares of a company
3. Bill of Exchange
Select the correct option from the codes given below:
Near Money is the money which is not cash but can be changed in cash in short time. T-bills, Equity shares of a company, Bill of exchange and Debentures are all considered as near money.
This question is a part of GKToday's Integrated IAS General Studies Module