Examlex
Which of the following is the most closed economy?
Book Cash
The amount of cash on hand as recorded in the financial records of a company.
Bank Cash
Bank Cash refers to the liquid assets held by a financial institution that is readily available for transactions and immediate withdrawal.
Cheques
A written, dated, and signed instrument that directs a bank to pay a specific sum of money to the bearer or to a specified person, out of the drawer's bank account.
Clearing
The process of reconciling purchases and sales of various securities, commodities, or currencies and ensuring the correct transfer of funds.
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