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Question :

‘Money’ is an example of:

Option 1:

sunk capital

Option 2:

floating capital

Option 3: concrete capital

Option 4: social capital


Team Careers360 18th Jan, 2024
Answer (1)
Team Careers360 23rd Jan, 2024

Correct Answer:

floating capital


Solution : The correct option is floating capital .

Liquid assets or finances that are easily accessible for usage in a business or economic activity are referred to as floating capital. It consists of money in the form of cash, bank deposits, and other highly liquid assets. The simplest and most liquid kind of capital is money itself, in the form of banknotes and coins.

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