The correct answer is option 4, which includes Treasury Bills (option 1), Savings accounts, and small time deposits (option 3), and Retail money market mutual funds (option 4).

Near money refers to financial assets that are not exactly cash but can be easily converted into cash quickly. These assets are very liquid and can serve as a medium of exchange or a store of value.

Treasury Bills (T-Bills) are short-term debt instruments issued by the government. Although they are not cash, they are considered near money because they are highly liquid and can be easily traded in the secondary market.

Savings accounts and small time deposits, such as certificates of deposit (CDs), are examples of near money because they can be converted into cash relatively quickly. They are typically held in banks and can be easily accessed by the account holder.

Retail money market mutual funds are open-ended mutual funds that invest in short-term debt securities. These funds are considered near money because they offer a high degree of liquidity and can be easily redeemed for cash.

Credit cards, mentioned in option 2, are not considered near money. While they allow users to make purchases on credit, they are not considered financial assets that can be easily converted into cash. Alert - correct answer should be