Which of the following are resources for holding money instead of investing it?

I. Transaction motive

II. Precautionary motive

III. Speculative motive

IV. Liquidity motive

A. I and II only
B. I and III only
C. I, II and III only
D. I, II and IV only
E. II, III, and IV only

Correct Answer:

Option C – I, II and III only