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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 assets in the decreasing order of liquidity is

A1-4-3-2
B4-3-2-1
C2-3-1-4
D4-1-3-2
Answer & Solution
Correct answer: C. 2-3-1-4
UPSC CSE Prelims 2013 (GS-I, Set A), Q.74. Official answer key: C.
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