The correct sequence of these assets in the decreasing order of liquidity is
A. 1-4-3-2
B. 4-3-2-1
C. 2-3-1-4
D. 4-1-3-2
Answer:D
The correct sequence of these assets in the decreasing order of liquidity is
A. 1-4-3-2 B. 4-3-2-1 C. 2-3-1-4 D. 4-1-3-2
Explanation: In the above question, common sense tells us that currency is not the least liquid option. Hence, it cannot be at the on the 4th sequence. So we can easily eliminate option C. Now, you can choose between option a, b and d which have at least 33% of probability to be correct.