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Assertion (A) Currency in circulation is the most liquid form of money.
Reason (R) Liquidity is the case of convertibility of an asset into cash.
Alternatives
Assertion (A) is true and Reason (R) is a correct reason of Assertion (A)
Assertion (A) is true, but Reason (R) is not a correct reason of Assertion (A)
Assertion (A) is false, but Reason (R) is true
Both are false
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milap
Currency in circulation has the highest liquidity, i.e. ease of convertibility into cash, as it is literally "cash". Should be a
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